Enterprise Regulatory Capital Framework

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: Final rule. SUMMARY: The Federal Housing Finance Agency (FHFA or the Agency) is adopting a final rule (final rule) that establishes risk-based and leverage capital requirements 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 final rule also makes conforming amendments to definitions in FHFA's regulations governing assessments and minimum capital and removes the Office of Federal Housing Enterprise Oversight's (OFHEO) regulation on capital for the Enterprises. DATES: This rule is effective February 16, 2021. FOR FURTHER INFORMATION CONTACT: Naa Awaa Tagoe, Principal Associate Director, Office of Capital Policy, (202) 649-3140, NaaAwaa.Tagoe@fhfa.gov ; Andrew Varrieur, Associate Director, Office of Capital Policy, (202) 649-3141, Andrew.Varrieur@fhfa.gov ; or Mark Laponsky, Deputy General Counsel, Office of General Counsel, (202) 649-3054, Mark.Laponsky@fhfa.gov . These are not toll-free numbers. The telephone number for the Telecommunications Device for the Deaf is (800) 877-8339. SUPPLEMENTARY INFORMATION: Table of Contents I. Introduction II. The Proposed Rule III. Overview of the …