FHFA Releases New Capital Rule for Fannie Mae, Freddie Mac
The Federal Housing Finance Agency (FHFA) today re-proposed a 2018 plan to establish a new regulatory capital framework for Fannie Mae and Freddie Mac. The proposed rule is a critical step toward FHFA’s goal to release the two government-sponsored enterprises from conservatorship.
If the new proposal had been in effect in 2019, Fannie Mae and Freddie Mac would have held a combined $243 billion in capital, the FHFA said.
Fannie Mae and Freddie Mac were placed into conservatorship by the U.S. Treasury in September 2008.
Comments will be due 60 days after the notice is published in the Federal Register.