FHFA Requires New Public Disclosures by Enterprises

The Federal Housing Finance Agency recently published a final rule that amends the Enterprise Regulatory Capital Framework by introducing new public disclosure requirements for Fannie Mae and Freddie Mac. The requirements include quarterly quantitative and annual qualitative disclosures related to risk management, corporate governance, capital structure, and capital requirements and buffers under the standardized approach.

The rule becomes effective 60 days after publication in the Federal Register. Fannie and Freddie will release their first public disclosure reports under the final rule in the first quarter of 2023.