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FHFA Proposes Requiring GSEs to File Annual Capital Plans

The Federal Housing Finance Agency has issued a proposed rule that would require Fannie Mae and Freddie Mac to present annual capital plans. So reports ABA Banking Journal.

Fannie Mae2 150x150The rule would require each of the government-sponsored enterprises to put forward a capital plan to the regulator by May 20 each year, covering an estimate of the expected sources and uses of capital and more.

The FHFA said it would then assess the plans for comprehensive, reasonableness and other factors.

Read the full article from ABA Banking Journal.

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