Who is the head of the FHFA?
Sandra Thompson
President Joe Biden has nominated the Federal Housing Finance Agency’s acting director, Sandra Thompson, to become its permanent director. Thompson has been doing the job on a temporary basis since June, after Biden removed the former Trump-appointed FHFA director, Mark Calabria.
Who will be the next FHFA director?
Sandra L. Thompson
President Biden on Tuesday formally nominated Acting Director Sandra L. Thompson to be the next director of the Federal Housing Finance Agency (FHFA). Biden named Thompson the acting director in June, succeeding Mark Calabria.
How many employees does Fhfa have?
731
Federal Housing Finance Agency
| Agency overview | |
|---|---|
| Preceding agencies | Federal Housing Finance Board Office of Federal Housing Enterprise Oversight |
| Employees | ~731 (2019) |
| Agency executive | Sandra Thompson, Acting Director |
| Website | www.fhfa.gov |
What is conservatorship Fannie Mae?
Fannie Mae and Freddie Mac are in conservatorship to preserve and conserve their assets and property, and restore them to a sound financial condition so they can continue to fulfill their statutory mission of promoting liquidity and efficiency in the nation’s housing finance markets.
Who is Sandra Thompson?
Earlier this year, President Biden designated Sandra L. Thompson the Acting Director of FHFA. As DHMG Deputy Director, Thompson oversaw FHFA’s housing and regulatory policy, capital policy, financial analysis, fair lending, and all mission activities for Fannie Mae, Freddie Mac, and the Federal Home Loan Banks.
What does the Federal Housing Finance Agency do?
The Federal Housing Finance Agency provides supervision, regulation, and housing mission oversight of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks.
Who does FHFA report to?
FHFA is a member agency of the Financial Stability Oversight Council. The Council is charged with identifying risks to the financial stability of the United States; promoting market discipline; and responding to emerging risks to the stability of the United States’ financial system.
Is the FHFA an independent agency?
FHFA at-a-Glance FHFA is a world-class independent regulatory Agency that ensures a competitive, liquid, efficient, and resilient (CLEAR) housing finance market.
What is the difference between FHA and FHFA?
Despite their similar-sounding names, the Federal Housing Finance Agency is entirely separate from the Federal Housing Administration (FHA), which provides mortgage insurance to approved lenders.
Why was Fhfa created?
The Federal Housing Finance Agency (FHFA) was established by the Housing and Economic Recovery Act of 2008 (HERA) and is responsible for the effective supervision, regulation, and housing mission oversight of Fannie Mae, Freddie Mac (the Enterprises) and the Federal Home Loan Bank System, which includes the 11 Federal …
What is Britney conservatorship?
Britney Spears at the Billboard Music Awards in 2016 in Las Vegas. The conservatorship was split into two parts: the conservatorship of Spears’ estate, which controlled all her income and financial decisions, and the conservatorship of Spears’ person, which was in charge of her well-being and health.
Is the FHFA an executive agency?
The Federal Housing and Finance Agency (FHFA) was established by the Housing and Economic Recovery Act of 2008 (42 U.S.C. 4501 note) as an independent agency in the executive branch.