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.”