Monday, December 11, 2023 9:04:26 AM
In its report to Congress, FHFA again asks for the authority now to:
• examine third party servicers; and
• adjust statutory capital definitions, a move that would end the need for complex supplemental
capital requirements.
The agency also weighs in on what needs to come when the GSEs exit conservatorship.
It wants:
• changes to the GSEs’ charter acts to address Treasury’s different role;
• new business models as utilities;
• creation of reserves funded by GSE guarantee fees as an extra layer of loss absorption.
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