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Mayer Brown | USA | 12 May 2022

US FHFA Joins Network for Greening the Financial System

On May 11, 2022, the US Federal Housing Finance Agency (“FHFA”) announced that it had joined the Network of Central Banks and Supervisors for…
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Mayer Brown | USA | 31 Dec 2021

FHFA Releases Statement on Climate Change

Climate change is a serious threat to the US housing finance system. That is the conclusion reached by the Federal Housing Finance Agency (“FHFA”) in…
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Mayer Brown | USA | 13 Sep 2021

FHLB Membership Guidance Released by FHFA

On September 9, 2021, the Federal Housing Finance Agency (“FHFA”) released guidance regarding Federal Home Loan Bank (“FHLB”) membership eligibility.…
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Baker Sterchi Cowden & Rice LLC | USA | 1 Jul 2021

FHFA Structure Declared Unconstitutional by SCOTUS

In an action initiated by certain shareholders of Fannie Mae and Freddie Mac, the United States Supreme Court issued its Opinion holding that the…
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Mayer Brown | USA | 9 Jun 2021

Update on FHFA’s Request for Input on Climate Change and Natural Disaster Risks

Earlier this year, the US Federal Housing Finance Agency (“FHFA”) issued a Request for Input (“RFI”) on the risks of climate change and natural…
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Michael Best & Friedrich LLP | USA | 20 Jan 2021

President Biden Day One Executive Actions

On his first day in office, President Joe Biden plans to issue 17 executive actions, including 15 executive actions, on climate change, immigration…
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Cadwalader Wickersham & Taft LLP | USA | 29 Jul 2020

Congress Asks FHFA Director to Pause Enterprise Regulatory Capital Rulemaking

Several members of Congress asked Federal Housing Finance Agency ("FHFA") Director Mark Calabria to delay a proposed rule that would establish a new…
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Akerman LLP | USA | 23 Mar 2020

Foreclosure Holds Impacting Statute of Limitations

The COVID-19 crisis has led to foreclosure moratoriums at the regulatory, executive, and judicial level. Servicers should consider that compliance…
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Adams and Reese LLP | USA | 19 Mar 2020

Proposed Legislative and Regulatory Guidance for Financial Institutions During the Coronavirus Pandemic

Although the Families First Coronavirus Response Act, which was recently signed into law, does not address what steps financial institutions should…
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Morgan, Lewis & Bockius LLP | USA | 19 Mar 2020

Foreclosures and Evictions Temporarily Suspended for Fannie and Freddie Mortgages

The Federal Housing Finance Agency (FHFA) and the US Department of Housing and Urban Development (HUD) announced on March 18 that they have directed…
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