Freddie Mac Issues Dodd-Frank Stress Test Results
(firmenpresse) - MCLEAN, VA -- (Marketwired) -- 08/08/16 -- Freddie Mac (OTCQB: FMCC) today issued the company''s stress test results for the severely adverse scenario conducted under FHFA''s rule implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Dodd-Frank requires certain financial companies with more than $10 billion in assets to perform annual stress tests to assess capital adequacy. Freddie Mac''s test can be found on the company''s website, .
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation''s residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for approximately one in four home borrowers and is the largest source of financing for multifamily housing. Additional information is available at , Twitter and Freddie Mac''s blog .
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Datum: 08.08.2016 - 09:00 Uhr
Sprache: Deutsch
News-ID 1451306
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Commercial & Investment Banking
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