WASHINGTON - The regulator for Fannie Mae and Freddie Mac said it is on track to complete its risk-based capital rule for the government-sponsored mortgage buyers by yearend.

Armando Falcon Jr., director of the Office of Federal Housing Enterprise Oversight, wrote in a July 11 letter to Rep. Richard H. Baker, R-La., that the agency has completed a review of all the comments it received on the proposed rule.

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