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OFHEO Announces Corporate Governance Regulation for Fannie Mae and Freddie Mac
Washington, D.C. – Armando Falcon, Jr., Director of the Office of Federal Housing Enterprise Oversight (OFHEO), safety and soundness regulator for Fannie Mae and Freddie Mac (the Enterprises), announced a final rule on corporate governance that enhances the transparency of regulatory standards for...
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OFHEO Announces Comprehensive Review of Fannie and Freddie Mac Financial Disclosures
Washington, D.C. – Armando Falcon, Jr., Director of the Office of Federal Housing Enterprise Oversight (OFHEO), safety and soundness regulator for Fannie Mae and Freddie Mac (the Enterprises), today said OFHEO will conduct a comprehensive review of the financial disclosure policies and practices of...
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Finance Board Approves First FHLBankCapital Structure Plan
The Federal Housing Finance Board today approved the capital structure plan of the Federal Home Loan Bank of Seattle, the first of 12 capital plans that the Board is considering for approval. “This is a notable occasion because the plan approved today will establish a permanent capital structure...
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OFHEO’s Amendment to Risk-Based Capital Rule Finalized
(amended 3/18/02 to include Federal Register text) Washington, D.C. – Armando Falcon, Jr., Director of the Office of Federal Housing Enterprise Oversight (OFHEO), safety and soundness regulator of Fannie Mae and Freddie Mac (the Enterprises), announced that an amendment to OFHEO’s risk-based...
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OFHEO Issues Final Rule on Prompt Supervisory Response and Prompt Corrective Action
(revised 1/31/02 to include text as printed in Federal Register) Washington, D.C. – Armando Falcon, Jr., Director of the Office of Federal Housing Enterprise Oversight (OFHEO), safety and soundness regulator of Fannie Mae and Freddie Mac (the Enterprises), has sent to the Federal Register a final...
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Finance Board to Defer Action on Multi-District Membership Petitions
Federal Housing Finance Board Chairman John T. Korsmo intends to defer action on multidistrict membership petitions until the Board decides on a course of action to address broader membership issues. In letters today to Federal Home Loan Banks that have petitioned the Finance Board or have asked to...
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OFHEO Announces Proposed Improvements to Risk-Based Capital Rule
(revised 12/18 to include actual language as printed in Federal Register) Washington, D.C. – Armando Falcon, Jr., Director of the Office of Federal Housing Enterprise Oversight (OFHEO), safety and soundness regulator of Fannie Mae and Freddie Mac (the Enterprises), today announced proposed...
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Finance Board Solicits Comments on Multiple FHLBank Memberships
The Federal Housing Finance Board today approved a notice and solicitation of comments that addresses the issue of multiple memberships in Federal Home Loan Banks, particularly the ramifications it could have for the FHLBank System. The notice solicits public comment on a series of policy questions...
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Media Advisory: Publication of OFHEO's RBC Rule
MEDIA ADVISORY OFHEO's risk-based capital rule has been published today in the Federal Register. The rule goes into effect immediately but is enforceable one year from today. Link to Risk-Based Capital Rule (9/13/2001) Stefanie Johnson (202) 649-3030
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OFHEO Releases Three Regulations Under Regulatory Infrastructure Project
Washington, D.C. – Armando Falcon, Jr., Director of the Office of Federal Housing Enterprise Oversight (OFHEO), financial safety and soundness regulator of Fannie Mae and Freddie Mac (the Enterprises), has sent to the Federal Register one final and two proposed regulations under OFHEO's...