FHFA Extends Comment Period for Proposed GSE Capital Standards

The Federal Housing Finance Agency (FHFA) announced yesterday it is extending the comment period for a proposed rule that would establish new capital requirements for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. The comment period, which was previously scheduled to close on September 17, has been extended to November 16 after multiple stakeholders requested more time to review the proposal.

NCSHA previously summarized the proposed rule on our blog. FHFA held a webinar on the proposed rule in June, a recording of which is now available online.

NCSHA will continue to review the proposed capital standards to determine how they could impact HFAs and the GSEs’ support for affordable housing and whether we should submit comments on behalf of all HFAs. Please email NCSHA’s Greg Zagorski with any thoughts or questions.

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