The Office Federal Housing Enterprise Oversight (OFHEO) Director James Lockhart announced that the OFHEO has sent to the Federal Register a final rule for loss severity calculations under OFHEO’s Risk-Based Capital (RBC) regulation. The new regulation applies to the GSEs.

According to a press release from the OFHEO, the final rule corrects certain deficiencies in the formulas used to calculate risk-based capital.

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.