News Releases

The Board of Directors of the Federal Housing Finance Board (Finance Board) today approved a request by the Federal Home Loan Bank of Seattle (Bank) to amend its previously approved capital structure plan (Plan). The amendments effect two changes—increase the upper end of the existing range for the...

​The Board of Directors of the Federal Housing Finance Board (Finance Board) passed a resolution permitting the Federal Home Loan Bank of San Francisco to develop a pilot program to use a portion of its Affordable Housing Program (AHP) homeownership set-aside allocation to assist low- and moderate...

​Washington , DC – The Office of Federal Housing Enterprise Oversight (OFHEO) has published a new Mortgage Market Note on the conforming loan limit. The Note provides background information on the potential implications of increasing the conforming loan limit in high-cost areas, as proposed in...

​ ​Washington, DC – The Office of Federal Housing Enterprise Oversight (OFHEO) has issued a revised Policy Guidance on the Examination of Mortgage Fraud Programs of Fannie Mae and Freddie Mac. The guidance details the standards for overseeing and evaluating policies and programs the Enterprises have...

​The Board of Directors of the Federal Housing Finance Board (Finance Board) today approved a request by the Federal Home Loan Bank of New York (Bank) to amend its previously approved capital structure plan (Plan). The proposed amendments deal principally with how the Bank may recalculate the...

​​Washington, DC – OFHEO Director James B. Lockhart today released the agency’s 2007 Performance and Accountability Report (PAR). The report details OFHEO’s operations and accomplishments as the safety and soundness regulator for Fannie Mae and Freddie Mac in the fiscal year ended September 30, 2007...

Washington, DC – OFHEO Director James B. Lockhart today announced issuance of a Consent Order against former Freddie Mac Board Chairman and Chief Executive Officer (CEO) Leland C. Brendsel that settles OFHEO’s administrative enforcement action against him. “OFHEO’s responsibility to address the safe...

​The Board of Directors of the Federal Housing Finance Board (Finance Board) and the Federal Home Loan Bank of Chicago (Chicago Bank) today entered into a Consent Order to Cease and Desist (Order). The Order imposes restrictions on the Bank’s repurchases and redemptions of its capital stock and its...

​Washington, DC – OFHEO Director James B. Lockhart today announced issuance of a Consent Order against former Freddie Mac Executive Vice President and Chief Financial Officer (CFO) Vaughn A. Clarke. Mr. Clarke consented to the Order in settlement of an OFHEO administrative notice of charges filed...

​WASHINGTON, DC — James B. Lockhart, Director of the Office of Federal Housing Enterprise Oversight (OFHEO) today released “Mortgage Markets and the Enterprises in 2006,” an annual research paper that reviews developments in the primary and secondary mortgage markets and the financial performance of...