Federal Housing Finance Agency: Difference between revisions

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The '''Federal Housing Finance Agency''' ('''FHFA''') is an [[independent agencies of the United States government|independent federal agency in the United States]] created as the successor [[regulatory agency]] of the [[Federal Housing Finance Board]] (FHFB), the [[Office of Federal Housing Enterprise Oversight]] (OFHEO), and the U.S. [[Department of Housing and Urban Development]] government-sponsored enterprise mission team,<ref>FHFA. [http://www.fhfa.gov/Default.aspx?Page=4 About FHFA] {{Webarchive|url=https://web.archive.org/web/20100611195553/http://www.fhfa.gov/Default.aspx?Page=4 |date=2010-06-11 }}.</ref> absorbing the powers and regulatory authority of both entities, with expanded legal and regulatory authority, including the ability to place [[government-sponsored enterprise]]s (GSEs) into [[receivership]] or [[conservatorship]].<ref>
The '''Federal Housing Finance Agency''' ('''FHFA''') is an [[independent agencies of the United States government|independent federal agency in the United States]] created as the successor [[regulatory agency]] of the Federal Housing Finance Board (FHFB), the Office of Federal Housing Enterprise Oversight (OFHEO), and the U.S. [[Department of Housing and Urban Development]] government-sponsored enterprise mission team,<ref>FHFA. [http://www.fhfa.gov/Default.aspx?Page=4 About FHFA] {{Webarchive|url=https://web.archive.org/web/20100611195553/http://www.fhfa.gov/Default.aspx?Page=4 |date=2010-06-11 }}.</ref> absorbing the powers and regulatory authority of both entities, with expanded legal and regulatory authority, including the ability to place [[government-sponsored enterprise]]s (GSEs) into [[receivership]] or [[conservatorship]].<ref>
{{USBill|110|HR|3221|pipe=Housing and Economic Recovery Act of 2008}}
{{USBill|110|HR|3221|pipe=Housing and Economic Recovery Act of 2008}}
</ref><ref>{{cite web |title=10-Q, August 6, 2008 |url=http://ir.10kwizard.com/files.php?source=1372&welc_next=1&XCOMP=0&fg=23 |publisher=Freddie Mac |date=2008-08-06 |quote=The Regulatory Reform Act replaces the conservatorship provisions previously applicable to the enterprise with conservatorship and receivership provisions based generally on federal banking law. The Regulatory Reform Act expands the grounds for which an enterprise may be placed into conservatorship, establishes the grounds for which an enterprise may be placed into receivership, and provides for appointment of FHFA as conservator or receiver. |access-date=September 7, 2008 |archive-url=https://archive.today/20130116004851/http://ir.10kwizard.com/files.php?source=1372&welc_next=1&XCOMP=0&fg=23 |archive-date=January 16, 2013 |url-status=dead }}</ref><ref name='FHFA-Conservatorship-2008-09-07'>{{cite news|title=Fact Sheet: Questions and Answers on Conservatorship |date=2008-09-07 |publisher=Federal Housing Finance Agency |url=http://www.ofheo.gov/media/PDF/FHFACONSERVQA.pdf |access-date=2008-09-07 |url-status=dead |archive-url=https://web.archive.org/web/20080909183946/http://www.ofheo.gov/media/PDF/FHFACONSERVQA.pdf |archive-date=September 9, 2008 }}
</ref><ref>{{cite web |title=10-Q, August 6, 2008 |url=http://ir.10kwizard.com/files.php?source=1372&welc_next=1&XCOMP=0&fg=23 |publisher=Freddie Mac |date=2008-08-06 |quote=The Regulatory Reform Act replaces the conservatorship provisions previously applicable to the enterprise with conservatorship and receivership provisions based generally on federal banking law. The Regulatory Reform Act expands the grounds for which an enterprise may be placed into conservatorship, establishes the grounds for which an enterprise may be placed into receivership, and provides for appointment of FHFA as conservator or receiver. |access-date=September 7, 2008 |archive-url=https://archive.today/20130116004851/http://ir.10kwizard.com/files.php?source=1372&welc_next=1&XCOMP=0&fg=23 |archive-date=January 16, 2013 |url-status=dead }}</ref><ref name='FHFA-Conservatorship-2008-09-07'>{{cite news|title=Fact Sheet: Questions and Answers on Conservatorship |date=2008-09-07 |publisher=Federal Housing Finance Agency |url=http://www.ofheo.gov/media/PDF/FHFACONSERVQA.pdf |access-date=2008-09-07 |url-status=dead |archive-url=https://web.archive.org/web/20080909183946/http://www.ofheo.gov/media/PDF/FHFACONSERVQA.pdf |archive-date=September 9, 2008 }}