FHFA Announces Public Listening Sessions on Re-Proposed Capital Rule for the Enterprises

To: All Members
From: E. Robert Levy, Esq.

FOR IMMEDIATE RELEASE

8/28/2020

Washington, D.C. – To allow interested parties to elaborate on their public comment letters on the re-proposed capital rule for Fannie Mae and Freddie Mac (the Enterprises), the Federal Housing Finance Agency (FHFA) will host two listening sessions on September 10, 2020 and September 14, 2020. These listening sessions are opportunities for interested parties to elaborate on specific subjects and do not substitute for formal comment letters.

The first listening session will be held on September 10, 2020 at 10:00 am EDT and will focus on credit risk transfers.

The second listening session will be held on September 14, 2020 at 10:00 am EDT and will focus on affordable housing access.

FHFA's re-proposed capital rule for the Enterprises, published in the Federal Register on June 30, 2020 is designed to strengthen the Enterprises so they can continue to serve the mortgage market and help low- and moderate- income households access credit throughout the economic cycle.

Interested parties can submit comments on the notice of proposed rulemaking until August 31, 2020 via FHFA.gov or via mail, FHFA, Eighth Floor, 400 Seventh Street, SW, Washington, DC 20219. They may request a speaking slot at one of the upcoming listening sessions HERE. A transcription will be posted in the public docket.

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The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 11 Federal Home Loan Banks. These government-sponsored enterprises provide more than $6.6 trillion in funding for the U.S. mortgage markets and financial institutions. Additional information is available at www.FHFA.gov, on Twitter, @FHFA, YouTube, Facebook, and LinkedIn.

Contacts:Media: Raffi Williams [email protected]


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