Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
FHFA seeks to improve Fannie Freddie exam system
WASHINGTON (6/20/12)—The Federal Housing Finance Agency (FHFA) has asked for public comment on proposed changes to how examiners assess the financial well-being of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and various Federal Home Loan Banks (FHLBs).

Under the proposed examination rating system, Fannie Mae, Freddie Mac, the Federal Home Loan Banks and their respective finance offices would be judged on their capital, asset quality, management, earnings, liquidity, sensitivity to market risk, and operational risk. The GSEs and FHLBs would be assigned a rating of one to five for each of these categories, with a score of one indicating little to no risk and a score of five indicating a high risk.

A composite rating would be created from these seven individual rating categories. The FHFA said, however, that the relative importance of each rating component "would be determined on a case-by-case basis."

The FHFA said the new system would be adopted on Jan. 1, 2013, if a final version is approved.

Comments on the proposed rating framework will be accepted until July 19.

The FHFA currently uses the Federal Home Loan Bank's examination framework.
Other Resources

RSS





print
News Now LiveWire
Record # of applicants for Crash the GAC means every state & D.C. will B represented by young #CU professional at #CUNAGAC #crashthegac15
56 minutes ago
.@WOCCU and @CUNA are co-hosting 2015 America’s CU Conference July 12-15 in Denver. Registration is open here: http://t.co/FanFeaO0bC
1 hour ago
Recording of @CUNA Jan. 26 #rbc2 webinar is now available online here: http://t.co/jgxkd65Fj0 Just sign in and listen.
1 hour ago
.@SEC_News 2/19 proxy voting roundtable: contested director elections, increasing retail shareholder participation http://t.co/8k0p6ZvNL8
1 hour ago
.@TheNCUA posted resources 2 help consumers protect themselves,take action if they believe they were ID theft victims:http://t.co/HVaikbuT9H
3 hours ago