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FHFA Releases Guidance on Classification of Assets Guidelines

FHFA Releases Guidance on Classification of Assets Guidelines

Posted: Aug 23 2023
The Federal Housing Finance Agency has released additional guidance for guidelines published in 2021 on adverse and non-adverse classification of assets at Fannie Mae, Freddie Mac and the Federal Home Loan Banks. The new document elaborates on certain elements of the guidelines and provides clarifications related to asset classifications, loss-classified balance calculations and other accounting topics.
 
To view the new guidance, visit: https://www.fhfa.gov//SupervisionRegulation/AdvisoryBulletins/Pages/Supplemental-Guidance-to-Advisory-Bulletin-2021-03.aspx
 
To view previously published guidelines, visit: https://www.fhfa.gov/SupervisionRegulation/AdvisoryBulletins/Pages/Framework-for-Adversely-Classifying-Loans-Other-REO-and-Other-Assets-and-Listing-Assets-for-Special-Mention.aspx
 

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