Home » Surprise: FHFA and Treasury Agree to $3 Billion Capital Buffer for the GSEs. Watt Declares a (Taxpayer) Draw Will be Necessary Because of New GOP Tax Bill
Surprise: FHFA and Treasury Agree to $3 Billion Capital Buffer for the GSEs. Watt Declares a (Taxpayer) Draw Will be Necessary Because of New GOP Tax Bill
Mel Watt continued: “We, therefore, contemplate that going forward enterprise dividends will be declared and paid beyond the $3 billion capital reserve in the absence of exigent circumstances.”
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.