General World News

FHFA: No delay on 50 bps fee, but open to “engagement”

The Federal Housing Finance Agency (FHFA) today reiterated its stance on a new fee on some government-backed enterprise securities.

The agency made no promise to delay the fee. Still, some stakeholders unhappy with the fee see an opportunity.

In a statement, FHFA Director Sandra Thompson said her agency was “committed to the continued strength and resilience” of the process for issuing single securities, “given the significant improvement in liquidity and stability” it has given the market. The new fee for securitizing collateral of the other enterprise, the agency said, is meant to help meet the capital requirements in details ⇒

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