Statement on FHFA Final Capital Rule from Hugh R. Frater, Chief Executive Officer, Fannie Mae

"FHFA's capital rule for the housing GSEs is an important step in ensuring the housing finance system can serve the needs of homeowners, renters, and the broader mortgage market for generations to come. The new capital standards set the stage for a responsible end to the conservatorship and a future recapitalization of Fannie Mae. We applaud Director Calabria for his leadership in finalizing the rule. Fannie Mae is a very different company than at the beginning of conservatorship. We are better managed, better regulated, and better able to serve homeowners and renters. Adequate capital will allow us to build on these advances by operating safely and soundly, protecting taxpayers from loss, and serving our affordable housing mission."

About Fannie Mae
Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of Americans. We partner with lenders to create housing opportunities for families across the country. We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk. To learn more, visit:
fanniemae.com | Twitter | Facebook | LinkedIn | Instagram | YouTube | Blog

Media Contact
Pete Bakel
202-752-2034

Fannie Mae Newsroom
https://www.fanniemae.com/news

Photo of Fannie Mae
https://www.fanniemae.com/resources/img/about-fm/fm-building.tif

Fannie Mae Resource Center
1-800-2FANNIE