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.
Almost exactly a year after taking the helm as acting director, Thompson begins a five-year term as head of the Federal Housing Finance Agency. She is the first woman to hold the job.
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.