FHFA Releases New Capital Rule for Fannie Mae, Freddie Mac
The Federal Housing Finance Agency (FHFA) today re-proposed a 2018 plan to establish a new regulatory capital framework for Fannie Mae and Freddie Mac. The proposed rule is a critical step toward FHFA’s goal to release the two government-sponsored enterprises from conservatorship.
If the new proposal had been in effect in 2019, Fannie Mae and Freddie Mac would have held a combined $243 billion in capital, the FHFA said.
Fannie Mae and Freddie Mac were placed into conservatorship by the U.S. Treasury in September 2008.
Comments will be due 60 days after the notice is published in the Federal Register.
Latest from NAHBNow
Advocacy | Economics
Jun 18, 2025
Podcast: Mid-Year Update on Economic Indicators and Advocacy PrioritiesOn the latest episode of NAHB’s podcast, Housing Developments, COO Paul Lopez welcomes NAHB Chief Economist Dr. Robert Dietz and Chief Advocacy Officer Ken Wingert for a mid-year check in on key economic indicators and NAHB policy priorities driving home building for the rest of 2025.
Economics
Jun 18, 2025
Sharp Drop in Multifamily Production Brings Overall Housing Starts DownOverall housing starts decreased 9.8% in May to a seasonally adjusted annual rate of 1.26 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
Latest Economic News
Economics
Jun 18, 2025
Sharp Drop in Multifamily Production Brings Overall Housing Starts DownA sharp decline in multifamily production pushed overall housing starts down in May, while single-family output was essentially flat due to economic and tariff uncertainty along with elevated interest rates.
Economics
Jun 17, 2025
Builder Sentiment at Third Lowest Reading Since 2012In a further sign of declining builder sentiment, the use of price incentives increased sharply in June as the housing market continues to soften.
Economics
Jun 16, 2025
Permit Activity Weakens in April 2025Housing permits continued a downhill trend for the fourth month in a row, pointing to a broader residential construction slowdown for 2025. Over the first four months of 2025, the total number of single-family permits issued year-to-date (YTD) nationwide reached 320,259.