A few of the Government Home loan Banking companies (FHLBs), which happen to be congressionally chartered associate-possessed enterprises, have had economic dilemmas
Lately, Federal national mortgage association and you will Freddie Mac, that are congressionally chartered stockholder-possessed enterprises, enjoys confronted a series of bookkeeping and you can monetary difficulties. With each other, these problems provided of many inside the Congress in conclusion that Federal national mortgage association, Freddie Mac computer, as well as the FHLBs you want a healthier regulator. P.L. 110 – 289 produces the fresh new Federal Homes Money Company (FHFA) to get new regulator for the property GSEs, replacing work away from Federal Casing Business Supervision (OFHEO) therefore the Government Homes Funds Panel (FHFB). The job off means mission wants is relocated to FHFA out-of the latest Agency out of Construction and you will Urban Invention (HUD). Read more
