Fannie Mae-No Politics (FNMA)

[Patswil]

FHFA to re-propose capital rule for Fannie, Freddie next year

https://seekingalpha.com/news/3520592-fhfa-re-propose-capital-rule-fannie-freddie-next-year#email_link

Nov. 19, 2019 3:40 PM ET|About: Federal National Mortgage A... (FNMA)|By: Liz Kiesche, SA News Editor
Fannie Mae (OTCQB:FNMA -3.7%) and Freddie Mac's (OTCQB:FMCC -4.6%) overseer plans to re-propose the entire regulation on capital requirements for the two home mortgage giants sometime in 2020.

"The 2018 Capital Rule was proposed before FHFA [Federal Housing Finance Agency] began the process of retaining capital at the Enterprises as a first step toward ending the conservatorships," said FHFA Director Mark Calabria.

As such, comments submitted during the previous rulemaking process were submitted under a different set of assumptions.

"During the process of the rulemaking, important issues were identified that will be addressed in the re-proposal," Calabria said.