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FHFA RIN: 2590-AA95 Publication ID: Spring 2020 
Title: Enterprise Regulatory Capital Framework 
Abstract:

The proposed rule will propose a new regulatory capital framework for the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation which would consist of risk-based and leverage capital requirements, and buffers. The risk-based capital requirements would provide a granular, countercyclical assessment of credit risk for different mortgage loan categories, as well as market risk and operational risk components. The leverage capital requirements are designed to maintain a risk-invariant capital position commensurate to the leverage requirements for systemically important U.S. banks. The capital buffers would complement these granular requirements by providing the Enterprises with additional loss-absorbing capital.

 
Agency: Federal Housing Finance Agency(FHFA)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
EO 13771 Designation: Independent agency 
CFR Citation: 12 CFR 1240   
Legal Authority: 12 U.S.C. 4511    12 U.S.C. 4513    12 U.S.C. 4514    12 U.S.C. 4526    12 U.S.C. 4612   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Proposed Rulemaking  07/17/2018  83 FR 33312   
NPRM Comment Period Extended  08/03/2018  83 FR 38085   
NPRM Comment Period Extended End  11/16/2018 
Second NPRM  06/00/2020 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Information URL: www.fhfa.gov; www.regulations.gov   Public Comment URL: www.fhfa.gov; www.regulations.gov  
RIN Data Printed in the FR: No 
Agency Contact:
Naa Awaa Tagoe
Senior Associate Director, Office of Financial Analysis, Modeling & Simulations
Federal Housing Finance Agency
400 Seventh Street SW,
Washington, DC 20219
Phone:202 649-3140
TDD Phone:800 877-8339
Email: naaawaa.tagoe@fhfa.gov

Andrew Varrieur
Associate Director, Office of Financial Analysis, Modeling & Simulations
Federal Housing Finance Agency
400 Seventh Street SW,
Washington, DC 20219
Phone:202 649-3182
TDD Phone:800 877-8339
Email: andrew.varrieur@fhfa.gov

Miriam Smolen
Associate General Counsel
Federal Housing Finance Agency
400 Seventh Street SW,
Washington, DC 20219
Phone:202 649-3182
TDD Phone:800 877-8339
Email: miriam.smolen@fhfa.gov