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NAFCU flags liquidity concerns for FHFA


NAFCU flags liquidity concerns for FHFA
FHFA
As the Federal Housing Finance Agency (FHFA) considers minimum liquidity and funding requirements for the government-sponsored enterprises (GSEs), NAFCU’s Ann Kossachev urged the agency “to thoroughly consider the impact of this liquidity requirements rule on the cost and availability of mortgage loans for the most vulnerable consumers.”
The FHFA issued the proposed rule in December, which would also create daily management reporting of the GSEs’ liquidity positions monthly public disclosure reporting requirements, and more. FHFA Director Dr. Mark Calabria indicated the rule is part of a combined effort with the GSEs’ capital rule to ensure the enterprises are well-positioned to survive times of stress with limited impact on consumers and the housing market. ....

Ann Kossachev , Mark Calabria , Housing Finance Agency , Federal Housing Finance Agency , குறி கலாப்ரியா ,