The Federal Housing Finance Agency (FHFA) on Tuesday published a final rule that amends several provisions of the Enterprise Regulatory Capital Framework (ERCF) for government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.
The final rule is primarily related to guarantees on commingled securities, multifamily mortgage exposures secured by properties with government subsidies and derivatives and cleared transactions.
The final rule goes into effect Apr. 1, 2024, but certain provisions on derivative contracts, and cleared and collateralized transactions go into effect on Jan. 1, 2026.
“The Enterprise Regulatory details ⇒
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