Tuesday, November 19, 2019 3:15:22 PM
Under 2018 version of capital requirements, Fannie and Freddie would have been required to raise up to $180 billion
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Mortgage-finance companies Freddie Mac and Fannie Mae have been under government control since the financial crisis.PHOTO: ANDREW HARRER/BLOOMBERG NEWS
By
Andrew Ackerman
Nov. 19, 2019 2:51 pm ET
WASHINGTON—Fannie Mae and Freddie Mac’s federal regulator kicked off a process for the mortgage-finance companies to raise enough capital to return them to private ownership.
The Tuesday announcement by the Federal Housing Finance Agency is a sign it thinks the companies likely need more than the $180 billion in capital, as previously envisioned by the agency.
The...
https://www.wsj.com/amp/articles/fannie-freddie-regulator-launches-process-for-new-capital-requirements-at-mortgage-finance-firms-11574193078
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