FHFA to hold listening sessions on GSEs’ capital proposal

The Federal Housing Finance Agency (FHFA) will hold two public listening sessions – Sept. 10 and Sept. 14 – to gather additional feedback on its proposed rule to set capital requirements for the government-sponsored enterprises (GSEs). NAFCU was generally supportive of the proposal when it was originally issued last year, but continues to advocate that certain safeguards are codified by Congress before removing the GSEs from conservatorship.

Registration for the sessions is available here. Those interested in speaking during the events are also able to request a speaking slot during the registration process.

While the original proposal maintained the “foundation” of the update – released in May – the FHFA’s enhancements have three primary objectives:

• preserve the mortgage risk-sensitive framework of the 2018 proposal, with simplifications and refinements;

 

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