Today, the Federal Housing Finance Agency published formal announcement of its establishment in the Federal Register.
The FHFA is an independent Federal agency established July 30, 2008, which will integrate certain functions of the Office of Federal Housing Enterprise Oversight and Federal Housing Finance Board.
Meanwhile, the firestorm of discussions surrounding the Department of Treasury’s conservatorship of Fannie Mae and Freddie Mac continue. The popular press continues to issue in-depth articles on a variety of details of that conservatorship, and the events leading up to and after the conservatorship.
Mortgage Law Blog notes for readers that various agencies also have issued statements regarding the conservatorship. Links to a number of these releases appears below.
For a copy of the FHFA announcement, click here.
For FHFA press releases on the conservatorship, click here.
For an FHFA Fact Sheet on the conservatorship, click here.
For a press release from the Department of Treasury, click here.
The following releases are also of interest, in some ways due to their reserved nature: