Statement

Statement on the Financial Stability Oversight Council’s Review of Proposed GSE Capital Requirements from Hugh R. Frater, Chief Executive Officer, Fannie Mae

September 25, 2020

“We welcome the Financial Stability Oversight Council’s review of proposed GSE capital requirements. The Enterprises’ retention of sufficient capital will safeguard the housing finance system, enable the Enterprises to operate in a safe and sound manner, and fulfill their defined and unique public mission through all market conditions. This is another important milestone in FHFA’s efforts to issue a final capital rule and safely end the conservatorships of the GSEs.”

 

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