In Brief: Fannie, Freddie Exceed Capital Standards

Fannie Mae and Freddie Mac both exceed minimum capital requirements, according to a quarterly assessment by the Office of Federal Housing Enterprise Oversight.

The agency, which monitors the financial safety and soundness of the two government-sponsored enterprises, said Fannie Mae had $14.9 billion of core capital at Sept. 30, exceeding its minimum requirement by $322 million. Freddie Mac, at $9.2 billion, exceeded its requirement by $289 million.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER