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Enterprise Regulatory Capital Framework-Prescribed Leverage Buffer Amount and Credit Risk Transfer

FHFA · final-rule · Published 2022-03-16 · Effective 2022-05-16 · 87 FR 14764

Document

Document number
2022-04529
Federal Register citation
87 FR 14764
CFR reference
12 CFR 1240
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Housing Finance Agency
Publication date
2022-03-16
Effective date
2022-05-16

Abstract

The Federal Housing Finance Agency (FHFA or the Agency) is adopting a final rule (final rule) that amends the Enterprise Regulatory Capital Framework (ERCF) by refining the prescribed leverage buffer amount (PLBA or leverage buffer) and credit risk transfer (CRT) securitization framework for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac, and with Fannie Mae, each an Enterprise). The final rule also makes technical corrections to various provisions of the ERCF that was published on December 17, 2020.

Source

Authoritative
Federal Register document
Machine
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