FHFA Announces Results of Fannie Mae and Freddie Mac Dodd-Frank Act Stress Tests

in STOP FORECLOSURE FRAUD
FOR IMMEDIATE RELEASE
8/8/2016
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released a report providing the results of annual stress tests Fannie Mae and Freddie Mac (the Enterprises) are required to conduct under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).  The Dodd-Frank Act requires certain financial institutions with more than $10 billion in assets to conduct annual stress tests to determine whether they can absorb losses as a result of adverse economic conditions.  The report, Dodd-Frank Act Stress Tests – Severely Adverse Scenario, provides updated information on possible ranges of future financial results of Fannie Mae and Freddie Mac under severely adverse economic conditions. Link to Dodd-Frank Act Stress Tests – Severely Adverse Scenario Link to 2016 Summary Instructions and Guidance
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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
source: http://www.fhfa.gov