FHFA Issues Orders to Fulfill Stress Test Reporting Requirements (Fed. Reg.)

The Federal Housing Finance Agency ("FHFA") provided notice that it issued orders made to certain financial companies with respect to the reporting of their annual stress tests. Pursuant to Dodd-Frank Act Section 165(i)(2), the stress tests are to determine whether the companies have the capital necessary to absorb losses as a result of adverse economic conditions.

The Orders were applicable March 2, 2016, and are effective April 18, 2016.