Forward-looking risk-free rate aimed at US mortgage market could have broader applications
Legal wrangle with US Federal Housing Finance Agency swells risk-weighted assets
Dodd-Frank should not catch contracts amended as part of move to new rates, letter argues
Health of huge bank funder rests on home loans and money market funds
Parallels drawn with Fannie and Freddie as commercial bank borrowing from FHLBs nears $500bn
Risk Awards 2017: Mortgage giant refines risk-sharing deals as political landscape shifts
Internal fraud and data theft threats growing, conference hears
Edward DeMarco has been appointed acting director of the Federal Housing Finance Agency (FHFA) in Washington, DC, taking over from James Lockhart, who announced his resignation yesterday.
Battered by the ailing residential real estate market, Freddie Mac reported a $25.3 billion loss in the third quarter of 2008 and requested a $13.8 billion capital injection from the US Treasury.