Fannie Mae and Freddie Mac are one step closer to having a risk-based capital standard to ensure they are adequately capitalized during extreme financial circumstances.

The Office of Federal Housing Enterprise Oversight (OFHEO), the safety and soundness regulator for the government-sponsored enterprises, closed its comment period on the proposed rule Friday, March 10, 11 months after announcing the rule. According to an OFHEO spokeswoman, the agency received 56

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.