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Amendments to the Enterprise Regulatory Capital Framework Rule – Prescribed Leverage Buffer Amount and Credit Risk Transfer

Publication Details
Type
Proposed Rulemaking
Document Number
2021-20297
Federal Register Publish Date
09/27/2021
Federal Register Citation
86 FR 53230
PDF Format
Comment Open Date
09/15/2021
Comment End Date
11/26/2021
Comment Status
Closed
Rulemaking Details
Rulemaking

Amendments to the Enterprise Regulatory Capital Framework Rule – Prescribed Leverage Buffer Amount and Credit Risk Transfer

Contact Information

​FOR FURTHER INFORMATION CONTACT: Andrew Varrieur, Senior Associate Director, Office of Capital Policy, (202) 649-3141, Andrew.Varrieur@fhfa.gov; Christopher Vincent, Senior Financial Analyst, Office of Capital Policy, (202) 649-3685, Christopher.Vincent@fhfa.gov; or James Jordan, Associate General Counsel, Office of General Counsel, (202) 649-3075, James.Jordan@fhfa.gov. These are not toll-free numbers. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.

Summary

​SUMMARY: The Federal Housing Finance Agency (FHFA or the Agency) is seeking comments on a notice of proposed rulemaking (proposed rule) that would amend the Enterprise Regulatory Capital Framework (ERCF) by refining the prescribed leverage buffer amount (PLBA or leverage buffer) and credit risk transfer (CRT) securitization framework for the Federal National Mortgage Association (Fannie Mae and Freddie Mac) and the Federal Home Loan Mortgage Corporation (Fannie Mae and Freddie Mac each an Enterprise). The proposed rule would also make technical corrections to various provisions of the ERCF that was published on December 17, 2020.

DATES: Comments must be received on or before November 26, 2021.

Public Comments people-icon

Below are a compilation of public comments made on this publication.

89 items
CSV
Date First Name Last Name Organization Comment
Mitchell, Jon and Jason Morgan Morgan Properties View Comment Email: mschecter@morganproperties.com
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John McKenzie Indiana Credit Union League View Comment Email: N/A
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Craig Thomas Community Home Lenders Association View Comment Email: craigthomas@communitylender.org
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Christopher Hentemann 400 Capital Management LLC View Comment Email: chentemann@400capital.com
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Aminah Moore National Association of Federal Credit Unions View Comment Email: amoore@nafcu.org
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David Borsos National Multifamily Housing Council View Comment Email: dborsos@nmhc.org
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Jeffrey Krohn Guy Carpenter View Comment Email: jeffrey.n.krohn@guycarp.com
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Maureen Yap National Fair Housing Alliance View Comment Email: myap@nationalfairhousing.org
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Ricard Pochkhanawala N/A View Comment Email: ricard.pochkhanawala@responsiblelending.org
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Christian Lown Freddie Mac View Comment Email: chris_lown@freddiemac.com
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Joe Monaghan Aon View Comment Email: N/A
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Timothy Goldberg N/A View Comment Email: N/A
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Ken Fears The National Association of REALTORS® View Comment Email: kfears@nar.realtor
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Pattie Farrell DUS Advisory Council View Comment Email: Pattie.Farrell@wellsfargo.com
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Elizabeth LaBerge Credit Union National Association View Comment Email: elaberge@cuna.coop
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Tim Roy Independent Community Bankers of America View Comment Email: tim.roy@icba.org
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Laurie Goodman Urban Institute View Comment Email: Lgoodman@urban.org
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Lindsey Johnson U.S. Mortgage Insurers View Comment Email: bkihn@usmi.org
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Hu Benton American Bankers Association View Comment Email: tcardwell@aba.com
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Robert Broeksmit Mortgage Bankers Association View Comment Email: N/A
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Stephen Miller Mercatus Center at George Mason University View Comment Email: smiller@mercatus.gmu.edu
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Edward DeMarco Housing Policy Council View Comment Email: chris.monaco@housingpolicycouncil.org
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Linden Shoemaker N/A View Comment Email: lrconsult@att.net
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Frank Nutter Reinsurance Association of America View Comment Email: austin@reinsurance.org
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Sairah Burki CRE Financial Council View Comment Email: sburki@crefc.org
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