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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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
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FHFA Finalizes ERCF Rules for Fannie, Freddie
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.
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