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Monday, December 11, 2023 11:14:31 AM
1. Allocation plan
2. These are to do lists for Christmas that Sandra already asked congress for an authority.
In its report to Congress, FHFA again asks for the authority now to:
• examine third party servicers; and
• adjust statutory capital definitions, a move that would end the need for complex supplemental
capital requirements.
The agency also weighs in on what needs to come when the GSEs exit conservatorship.
It wants:
• changes to the GSEs’ charter acts to address Treasury’s different role;
• new business models as utilities;
• creation of reserves funded by GSE guarantee fees as an extra layer of loss absorption.
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