risk-based capital requirements

Federal Housing Finance Agency Announces Final Capital Rule for the Enterprises

 

On November 18, the Federal Housing Finance Agency (FHFA) sent for publication a final rule that establishes a new regulatory capital framework for Fannie Mae and Freddie Mac (the “Enterprises”). The final rule fulfills Congress’s Housing and Economic Recovery Act of 2008 mandate that FHFA establish risk-based capital requirements for the Enterprises. Release.

Final Rule to Establish a Risk-Based Capital Floor

On June 14, the Fed, FDIC and OCC, consistent with Section 171 of the Dodd-Frank Act, adopted a final rule establishing a floor for the risk-based capital requirements applicable to the largest, internationally active banking organizations. The final rule will be effective 30 days after publication in the Federal Register. FDIC Release.