Volume 10 - Number 52
January 4, 2013
FHFA Conservator/Regulator Line Blurring?
Mortgage market observers say they are seeing a gradually building struggle by the Federal Housing Finance Agency to maintain its precarious balance between the FHFAs congressionally-mandated roles as conservator to the GSEs and indirectly regulator of 65 percent of the mortgage market. Industry interests, meanwhile, continue to call for greater transparency surrounding Fannie Mae- and Freddie Mac-related decision making. Under the Housing and Economic Recovery Act of 2008, the FHFA was created to succeed the Office of Federal Housing Enterprise Oversight as regulator to Fannie and Freddie as well as the 12 Federal Home Loan Banks.
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