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Enterprise Regulatory Capital Framework Final Rule

Publication Details
Type
Final Rule
Document Number
2020-25814
Federal Register Publish Date
12/17/2020
Effective Date
02/16/2021
View Documents:
Rulemaking Details
Rulemaking

Enterprise Regulatory Capital Framework

12/17/2020
Number
RIN-2590-AA95
Group
Fannie Mae
Freddie Mac
CFR
12 CFR Parts 1206, 1225, 1240, and 1750
CFR Description
ASSESSMENTS; ENTERPRISE CAPITAL REQUIREMENTS
Effective Date

Enterprise Regulatory Capital Framework Final Rule

Contact Information

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. 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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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) is adopting a 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.