Replies to post #777332 on Fannie Mae-No Politics (FNMA)

[tutt1126]

The lists numbers three and four will occur at the time of exiting the conservatorship.

[tutt1126]

These are to do lists for Christmas that Sandra already asked congress for an authority.

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.