FHFA Extends Comment Period for Proposed GSE Capital Standards
The Federal Housing Finance Agency (FHFA) announced today 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 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.