Federal Housing Finance Agency
U.S. federal agency
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| March 14 2022 | Brian M. Tomney sworn into office as the third Senate-confirmed Inspector General for the Federal Housing Finance Agency, after nomination by President Joe Biden and confirmation by the U.S. Senate. |
| June 29 2021 | Laura S. Wertheimer announced her resignation from the position of Inspector General, effective July 30, 2021. |
| April 29 2021 | A critical CIGIE report was released, leading to calls for Wertheimer's removal by Republican Senators Chuck Grassley and Ron Johnson. |
| December 9 2020 | The Supreme Court heard oral arguments regarding the constitutionality of the FHFA's structure and its profit-taking decisions, following a related ruling in the Seila Law LLC v. Consumer Financial Protection Bureau case. |
| 2019 | The U.S. Supreme Court affirmed the Fifth Circuit Court of Appeals' ruling regarding the FHFA's unconstitutional leadership structure. |
| September 2019 | The Fifth Circuit Court of Appeals ruled that the FHFA's structure violated constitutional separation of powers, specifically because the FHFA director could not be removed by the president. |
| April 2019 | Mark A. Calabria was confirmed to a five-year term as FHFA director, with a commitment to work toward ending the conservatorship over Fannie Mae and Freddie Mac. |
| December 21 2018 | President Donald Trump designated Joseph Otting as Acting Director of FHFA, effective January 7, 2019, upon completion of Director Watt's term. |
| September 17 2015 | Laura S. Wertheimer confirmed by the U.S. Senate as Inspector General of the Federal Housing Finance Agency, nominated by President Barack Obama. |
| 2014 | FHFA continued settlements with financial institutions, including Wells Fargo Bank, N.A. ($335.23 million) in a non-litigation private-label securities settlement. |
| 2013 | FHFA reached settlements with multiple financial institutions, including J.P. Morgan Chase & Co. ($4 billion), Countrywide Financial Corporation ($5.83 billion), Deutsche Bank AG ($1.925 billion), and Goldman Sachs & Co. ($1.2 billion). |
| 2013 | Federal Housing Finance Agency (FHFA) initiated litigation against 18 financial institutions for securities law violations and potential fraud in private-label securities sales to Fannie Mae and Freddie Mac. |
| December 10 2013 | U.S. Senate confirmed Mel Watt as FHFA Director after Democrats eliminated rules allowing filibusters on executive branch nominations. |
| May 1 2013 | President Barack Obama nominated Mel Watt as the next FHFA head. |
| September 24 2012 | A judge dismissed a class-action lawsuit against Freddie Mac regarding misleading statements about its exposure to risky loans prior to the federal takeover. |
| 2011 | FHFA filed a lawsuit against UBS and 17 other financial institutions, accusing them of misrepresenting approximately $200 billion in mortgage-backed securities sold to Fannie Mae and Freddie Mac. The suits alleged violations of federal securities law and common law, seeking damages and civil penalties to address misconduct during the housing bubble. |
This contents of the box above is based on material from the Wikipedia articles Federal Housing Finance Agency & Federal takeover of Fannie Mae and Freddie Mac, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.