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The GSEs will be required to hold tier one capital at 4% to avoid restrictions on bonuses and capital distributions. The Federal Housing Finance Agency set the capital rule for Fannie Mae and Freddie Mac last month. Please make sure to bookmark this page and check back on a regular basis. He said they hadn’t made any firm plans about the future of the government-sponsored enterprises, but they could be released from their conservatorships before they reach their required capital levels.Įditor’s note: This page is updated frequently with the most crucial news on Fannie Mae, Freddie Mac, GSE reform, the conservatorship and other housing finance related issues.

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DecemUpdate: Treasury Secretary Steven Mnuchin appeared before the House Financial Services Committee this week to talk about Fannie Mae and Freddie Mac.