UPDATE 1-U.S. housing regulator proposes tweaks to capital rules for Fannie Mae, Freddie Mac

update 1 u s housing regulator proposes tweaks to capital rules for fannie mae freddie mac

Sumary of UPDATE 1-U.S. housing regulator proposes tweaks to capital rules for Fannie Mae, Freddie Mac:

  • View of the Fannie Mae Federal National Mortgage Association building in Washington, U.S., November 24, 2020. REUTERS/Tom BrennerWASHINGTON, Sept 15 (Reuters) – The regulator overseeing housing giants Fannie Mae and Freddie Mac proposed on Wednesday changes to recently imposed capital and leverage requirements on the pair.
  • The proposed rule from the Federal Housing Finance Agency would encourage the pair to shift more risk from taxpayers to private investors, while allowing them to support the housing market, the agency said.
  • The proposal makes several changes to a capital rule first imposed on Fannie and Freddie in November.
  • That rule envisioned Fannie and Freddie would have to raise billions of dollars in capital and leverage cushions, as part of the regulator’s bid to prepare them to exit from government conservatorship.

Want to know more click here go to source.

From -

Close
Generic selectors
Exact matches only
Search in title
Search in content

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close