Enterprise Regulatory Capital Framework– Prescribed Leverage Buffer Amount and Credit Risk Transfer

03/16/2022

Number

RIN-2590-AB17

Group

Fannie Mae

Freddie Mac

CFR

12 CFR Part 1240

CFR Description

Part 1240—CAPITAL ADEQUACY OF ENTERPRISES

Effective Date

Mon, 05/16/2022 - 12:00

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

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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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

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

89 items

CSV

Date Sort ascending	First Name	Last Name	Organization	Comment
09/17/21	Shirley	Shung	N/A	Please release them to private.View Comment Email: N/A Attachment: N/A
09/17/21	Hector	Hsiung	N/A	Please release them to private.View Comment Email: N/A Attachment: N/A
09/16/21	Alan	Madden	N/A	Fannie Mae and Freddie Mac should be released from conservatorship imm…View Comment Email: Jabsamadden@gmail.com Attachment: N/A
09/16/21	VMarie	Moore	FHFA/FNMA/FMCC	To transfer risk to the private sector the companies will have to be r…View Comment Email: vmariemoore@yahoo.com Attachment: N/A
09/16/21	Kapila	Patel	N/A	Give me my company back to me now. Release it to me now. ThanksView Comment Email: N/A Attachment: N/A
09/16/21	David	Cipolloni	N/A	Fannie Mae and Freddie Mac have been in conservatorship for 13 years,…View Comment Email: tchsengineering@aol.com Attachment: N/A
09/16/21	Sandra	Camp	Concerned Citizen	Release and relistView Comment Email: Bencamp3@bellsouth.net Attachment: N/A
09/16/21	Chad	Borgmeier	N/A	I am glad to see that the capital requirements for the GSE's is being…View Comment Email: chadborgmeier@yahoo.com Attachment: N/A
09/16/21	Nikunj	Patel	N/A	Fnma should be privatized today.View Comment Email: Rxnikunj0501@gmail.com Attachment: N/A
09/16/21	Sejal	Patel	N/A	Fnma should be privatized soon.View Comment Email: N/A Attachment: N/A
09/15/21	Kevin	Schmidt	N/A	The housing market is a ponzi scheme reliant upon propping up the asse…View Comment Email: kcschmidt@gmail.com Attachment: N/A
09/15/21	Vic	Kurkeyerian	N/A	Hello, I e been in the mortgage industry for over 20 years, and before…View Comment Email: N/A Attachment: N/A
09/15/21	Rodney	Fernandez	N/A	I am not sure the FHFA received the submitted comment from me, I did n…View Comment Email: rodneytfernandez@bellsouth.net Attachment: N/A
09/15/21	terry	johnssen	N/A	What risks does the 2.5% cover? Does the other 0.5% cover something…View Comment Email: N/A Attachment: N/A