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Risk-Based Capital Regulation—Loss Severity Amendments

Publication Details
Type
Proposed Rulemaking
Document Number
07-5101
Federal Register Publish Date
12/05/2007
Federal Register Citation
72 FR 68656
PDF Format
Comment Open Date
12/05/2007
Comment End Date
03/04/2008
Comment Status
Closed
Rulemaking Details
Rulemaking

Risk-Based Capital Regulation—Loss Severity Amendments

Contact Information

FOR FURTHER INFORMATION CONTACT: David A. Felt, Deputy General Counsel, telephone (202) 414–3750, or Jamie Schwing, Associate General Counsel, telephone (202) 414–3787 (not toll free numbers), Office of Federal Housing Enterprise Oversight, Fourth Floor, 1700 G Street, NW., Washington, DC 20552. 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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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 Office of Federal Housing Oversight (OFHEO) is amending Appendix A to Subpart B of 12 CFR part 1750 Risk-Based Capital (Risk-Based Capital Regulation). The amendments are intended to enhance the accuracy and transparency of the calculation of the risk-based capital requirement for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively the Enterprises). OFHEO proposes to amend further the Risk-Based Capital Regulation to change the loss severity equations that understate losses on defaulted single-family conventional and government guaranteed loans. OFHEO also proposes to amend the treatment of Federal Housing Administration (FHA) insurance in the Risk-Based Capital Regulation in order to conform the treatment to current law.

DATES: Comments regarding this Notice of Proposed Rulemaking must be received in writing on or before March 4, 2008. For additional information, see SUPPLEMENTARY INFORMATION.​

Public Comments people-icon

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

5 items
CSV
Date First Name Last Name Organization Comment
Robert R. Davis American Bankers Association (ABA) View Comment Email: N/A
Attachment: View Attachment
David A. Crowe National Association of Home Builders (NAHB) View Comment Email: N/A
Attachment: View Attachment
Suzanne C. Hutchinson Mortgage Insurance Companies of America (MICA) View Comment Email: N/A
Attachment: View Attachment
Robert E. Bostrom Freddie Mac View Comment Email: N/A
Attachment: View Attachment
Enrico Dallavecchia Fannie Mae View Comment Email: N/A
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