Geopolitics Alpha

Privacy Act of 1974; System of Records

Published . Updated .

In accordance with the requirements of the Privacy Act of 1974, as amended, and Office of Management and Budget (OMB) Circular No. A-108, "Federal Agency Responsibilities for Review, Reporting, and Publication under the Privacy Act," the Federal Housing Finance Agency (FHFA or Agency) proposes to rescind an existing System of Records Notice (SORN). The SORN being rescinded, "Parking Program Records, FHFA-12," was originally published on June 8, 2011, and amended on October 8, 2015. This system of records contains information used to administer the Agency's parking program. In order to streamline FHFA's program administration and ensure consistent management of similar categories of records, the Agency is consolidating its parking program records with its transit subsidy records. Both systems of records will be maintained under the SORN FHFA-11, which is being simultaneously revised and retitled "Transit Subsidy and Parking Program Records, FHFA-11."

Directly affected

  • No company is named in this report.

Indirectly affected

  • ARI APOLLO COML REAL ESTATE FIN COM

    GA selected ARI as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • KREF KKR REAL ESTATE FIN TR INC COM

    GA selected KREF as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • REFI CHICAGO ATLANTIC REAL ESTATE F COM

    GA selected REFI as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • ACRE ARES COML REAL ESTATE CORP

    GA selected ACRE as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • FREL FIDELITY COVINGTON TR MSCI REAL ESTATE

    GA selected FREL as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • GHI GREYSTONE HOUSING IMPACT INVES BEN UNIT CTF

    GA selected GHI as a RELATED security because its canonical security name directly matches this event's themes: housing. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
ARI———————
KREF———————
REFI———————
ACRE———————
FREL———————
GHI———————

In accordance with the requirements of the Privacy Act of 1974, as amended, and Office of Management and Budget (OMB) Circular No. A-108, "Federal Agency Responsibilities for Review, Reporting, and Publication under the Privacy Act," the F…

Source: Federal Register

The price since 9 Oct 2026: Apollo Commercial Real Estate Finance (ARI) versus the S&P 500

Since the first closing price after “Privacy Act of 1974; System of Records,” Apollo Commercial Real Estate Finance (ARI) is +0.32%. The S&P 500 fund (SPY) is -1.47% over the same days, a +1.79% difference versus the market.

ARI
SPY

Who is named in “Privacy Act of 1974; System of Records”

Companies mentioned with this story

  • ARI Apollo Commercial Real Estate Finance

    For “Privacy Act of 1974; System of Records,” Apollo Commercial Real Estate Finance (ARI) is linked, with no stored direction, medium confidence. Reason on file: GA selected ARI as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • KREF KKR Real Estate Finance Trust

    KKR Real Estate Finance Trust (KREF) is linked, with no stored direction, medium confidence in the 9 Oct 2026 story “Privacy Act of 1974; System of Records.” Reason on file: GA selected KREF as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • REFI Chicago Atlantic Real Estate Finance

    For “Privacy Act of 1974; System of Records,” Chicago Atlantic Real Estate Finance (REFI) is linked, with no stored direction, medium confidence. Reason on file: GA selected REFI as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • ACRE Ares Commercial Real Estate

    In “Privacy Act of 1974; System of Records,” Ares Commercial Real Estate (ACRE) is linked, with no stored direction, medium confidence. Reason on file: GA selected ACRE as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FREL Fidelity Covington Tr Msci Real Estate

    In “Privacy Act of 1974; System of Records,” Fidelity Covington Tr Msci Real Estate (FREL) is linked, with no stored direction, medium confidence. Reason on file: GA selected FREL as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • GHI Greystone Housing Impact Investors

    In “Privacy Act of 1974; System of Records,” Greystone Housing Impact Investors (GHI) is linked, with no stored direction, medium confidence. Reason on file: GA selected GHI as a RELATED security because its canonical security name directly matches this event's themes: housing. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

How “Privacy Act of 1974; System of Records” reaches Apollo Commercial Real Estate Finance (ARI)

“Privacy Act of 1974; System of Records” (9 Oct 2026) reaches Apollo Commercial Real Estate Finance (ARI) through this story.

What ties Apollo Commercial Real Estate Finance (ARI) to the headline is this: GA selected ARI as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, KKR Real Estate Finance Trust (KREF), is listed for a different reason: GA selected KREF as a RELATED security because its canonical security name directly matches this event's themes: real estate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates and price levels for Apollo Commercial Real Estate Finance (ARI)

ARI traded between 6.12 and 6.50 across 20 sessions. The latest close on file is 6.33. KREF traded between 5.51 and 6.85 across 20 sessions. The latest close on file is 5.69. REFI traded between 8.77 and 10.93 across 20 sessions. The latest close on file is 8.78.

How strong the case is around Apollo Commercial Real Estate Finance (ARI)

54 out of 100

“Privacy Act of 1974; System of Records” scores 54 out of 100. The score uses 2 sources, and 6 linked companies.