Among other changes, the amended ERCF reduces the risk weight for guarantees on commingled securities from 20% to 5%.
The rule generally takes effect on April 1, 2024, although certain provisions are effective January 1, 2026.
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The Financial Housing Finance Agency has issued a final rule updating the Enterprise Regulatory Capital Framework governing Fannie Mae and Freddie Mac. So reports Financial Regulation News.
Among other changes, the amended ERCF reduces the risk weight for guarantees on commingled securities from 20% to 5%.
The rule generally takes effect on April 1, 2024, although certain provisions are effective January 1, 2026.