Base
Proposed RuleSignificant2020-112792020-06-30

Enterprise Regulatory Capital Framework

Federal Housing Finance Agency, Housing and Urban Development Department, Federal Housing Enterprise Oversight Office

Abstract

The Federal Housing Finance Agency (FHFA or the Agency) is seeking comments on a new regulatory capital framework for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac, and with Fannie Mae, each an Enterprise). The proposed rule would also make conforming amendments to definitions in FHFA's regulations for assessments and minimum capital and would also remove the Office of Federal Housing Enterprise Oversight's (OFHEO) regulation on capital for the Enterprises.

Action & Dates

Action
Notice of proposed rulemaking; request for comments.
Dates
Comments must be received on or before August 31, 2020.

CFR References

Topics

Banks, bankingCreditFederal Home Loan Mortgage CorporationFederal National Mortgage AssociationFederal home loan banksGovernment-sponsored enterprisesInvestmentsMortgagesOrganization and functions (Government agencies)Reporting and recordkeeping requirementsSecurities

Public Comment

Comments Close
2020-08-31

Document Excerpt

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Federal Housing Finance Agency 12 CFR Parts 1206, 1225, and 1240 Department of Housing and Urban Development Office of Federal Housing Enterprise Oversight 12 CFR Part 1750 RIN 2590-AA95 AGENCY: Federal Housing Finance Agency; Office of Federal Housing Enterprise Oversight. ACTION: Notice of proposed rulemaking; request for comments. SUMMARY: The Federal Housing Finance Agency (FHFA or the Agency) is seeking comments on a new regulatory capital framework for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac, and with Fannie Mae, each an Enterprise). The proposed rule would also make conforming amendments to definitions in FHFA's regulations for assessments and minimum capital and would also remove the Office of Federal Housing Enterprise Oversight's (OFHEO) regulation on capital for the Enterprises. DATES: Comments must be received on or before August 31, 2020. ADDRESSES: You may submit your comments on the proposed rule, identified by regulatory information number (RIN) 2590-AA95, by any one of the following methods: Agency Website: www.fhfa.gov/​open-for-comment-or-input . Federal eRulemaking Portal: http://www.regulations.gov . Follow the instructions for submitting comments. If you submit your comment to the Federal eRulemaking Portal, please also send it by email to FHFA at RegComments@fhfa.gov to ensure timely receipt by FHFA. Include the following information in the subject line of your submission:

Read full document on FederalRegister.gov →

Full Document

Citation: 85 FR 39274