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FHFA EXTENDS RESPONSE PERIOD FOR CREDIT RISK TRANSFER REQUEST FOR INPUT

August 11, 2016 / Source: FHFA

FOR IMMEDIATE RELEASE

8/10/2016

Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that it is extending the response period for the agency's Single-Family Credit Risk Transfer Request for Input (RFI) by 45 days.  The input period was previously set to close on August 29, 2016, 60 days after the RFI was published.  The response period will now close on October 13, 2016.

FHFA is extending the input period in light of requests from stakeholders for more time to evaluate the information and questions raised in the RFI.  The RFI lays out FHFA's principles of credit risk transfer and seeks feedback on credit risk transfer policy issues and on proposals to adopt front-end credit risk transfer.

Input should be submitted electronically or via mail to the Federal Housing Finance Agency, Office of Financial Analysis, Modeling and Simulations, 400 7th Street, S.W., 9th floor, Washington, D.C., 20219. 

Information about Fannie Mae's and Freddie Mac's credit risk transfer programs

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The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 11 Federal Home Loan Banks. These government-sponsored enterprises provide more than $5.7 trillion in funding for the U.S. mortgage markets and financial institutions. Additional information is available at www.FHFA.gov, on Twitter @FHFA,YouTube and LinkedIn.

Contacts: 

Media: Corinne Russell (202) 649-3032 / Stefanie Johnson (202) 649-3030
Consumers: Consumer Communications or (202) 649-3811