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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Mortgage Industry Adapts to Rising Interest Rates The U.S. mortgage industry is adapting to rising interest rates, transforming lending strategies, and borrower behaviors. This article explores the implications for lenders and borrowers, offering insights into new trends and strategies.
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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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