#stress tests

16 02, 2024

GSE-021624

2024-02-16T11:18:38-05:00February 16th, 2024|4- GSE Activity Report|

All Stressed Out

In this report, we build on our in-depth analysis yesterday of the Fed’s new stress-test scenarios to focus on their mortgage-market impact.  The binding stress tests won’t make portfolio mortgage finance any easier, but they also won’t make it much worse.  However, new “exploratory” stress tests will take interest-rate risk into account with particular attention to mortgages and MBS.  That won’t help.

GSE-021624.pdf

10 08, 2023

FedFin on: 9th Inning Results

2023-08-11T16:25:22-04:00August 10th, 2023|The Vault|

FHFA today released the results of the ninth stress test it’s run on Fannie and Freddie since Dodd-Frank demanded this in 2010.  Using pretty much the same flawed models as the Fed, FHFA finds Fannie and Freddie pretty much as they are even under acute stress.

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10 08, 2023

GSE-081023

2023-08-10T16:41:31-04:00August 10th, 2023|4- GSE Activity Report|

9th Inning Results

FHFA today released the results of the ninth stress test it’s run on Fannie and Freddie since Dodd-Frank demanded this in 2010.  Using pretty much the same flawed models as the Fed, FHFA finds Fannie and Freddie pretty much as they are even under acute stress.

GSE-081023.pdf

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