General World News

Fannie Mae re-releases 2022 DFAST after errors found in model

In accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act, Fannie Mae has released a new version of its 2022 Stress Test Disclosure, which reflects two hypothetical economic scenarios, including a “severely adverse” scenario.

The report was initially released in August 2022, but Fannie Mae announced in November that it had made a “recent identification of errors in an underlying model.” This led the GSE to advise against “rely[ing] on the information in [the] report for any purpose.”

The annual Dood-Frank Act Stress Test (DFAST) is designed to “assess capital adequacy over details ⇒

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