The Federal Housing Finance Agency’s auditor concluded that the agency complied with an executive order making climate-related risk a priority for financial regulators.
The new 50-basis-point upfront fee is intended to offset the cost of capital each enterprise is required to hold for guaranteeing the collateral of its competitor.
Just a week after imposing onerous new capital disclosure requirements on Fannie and Freddie, FHFA adopts a rule requiring them to file annual capital plans.