Minimum Capital Ratios; Capital Adequacy Guidelines; Capital Maintenance; Capital: Treatment of Certain Claims on, or Guaranteed By, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac)

45 organizations filed 48 public comments on Minimum Capital Ratios; Capital Adequacy Guidelines; Capital Maintenance; Capital: Treatment of Certain Claims on, or Guaranteed By, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), at the Office of the Comptroller of the Currency. The comment window closed 6453d ago.

Abstract

On September 7, 2008, the U.S. Department of Treasury (Treasury) entered into senior preferred stock purchase agreements (the Agreement or Agreements) with the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), which effectively provide protection to the holders of senior debt, subordinated debt, and mortgage-backed securities (MBS) issued or guaranteed by these entities. In light of the financial support provided under the Agreements, the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), Federal Deposit Insurance Corporation (FDIC), and Office of Thrift Supervision (OTS) (collectively, the agencies) are proposing to adopt a 10 percent risk weight for claims on, and the portion of claims guaranteed by, Fannie Mae or Freddie Mac. The 10 percent risk weight would apply so long as an Agreement remains in effect with the respective entity.

Commenters (45)

• Committee on Agriculturetrade assoc.

  2 filings · confidence 85%
• Cornerstone National Bankunverified attribution

  2 filings · confidence 70%
• Empire National Bankunverified attribution

  2 filings · confidence 70%
• Alaska Housing Finance Corporationunverified attribution

  1 filing · confidence 70%
• American Bankers Associationtrade assoc.

  1 filing · confidence 97%
• American River HealthPro Credit Unionunverified attribution

  1 filing · confidence 70%
• Bridgehampton National Bankunverified attribution

  1 filing · confidence 70%
• California Community Economic Development Associationtrade assoc.

  1 filing · confidence 85%
• Chetco Federal Credit Unionunverified attribution

  1 filing · confidence 70%
• Community Savings Agency & Development Corporationunverified attribution

  1 filing · confidence 70%
• Council of Federal Home Loan Bankstrade assoc.

  1 filing · confidence 85%
• Credit Union Westunverified attribution

  1 filing · confidence 70%
• Decorah Bank & Trust Companyunverified attribution

  1 filing · confidence 70%
• Delaware Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Eastern National Bankunverified attribution

  1 filing · confidence 70%
• Executive National Bankunverified attribution

  1 filing · confidence 70%
• Farm Credit Counciltrade assoc.

  1 filing · confidence 85%
• Farm Credit System Insurance Corporationunverified attribution

  1 filing · confidence 70%
• Federal Farm Credit Banks Funding Corp.unverified attribution

  1 filing · confidence 70%
• First National Bankunverified attribution

  1 filing · confidence 70%
• First National Bank of Abseconunverified attribution

  1 filing · confidence 70%
• First National Bank of Drydenunverified attribution

  1 filing · confidence 70%
• First National Bank of Jeffersonvilleunverified attribution

  1 filing · confidence 70%
• First National Bank of Pascounverified attribution

  1 filing · confidence 70%
• First National Bank of the Rockiesunverified attribution

  1 filing · confidence 70%
• First State Bank and Trust Companyunverified attribution

  1 filing · confidence 70%
• Mortgage Bankers Associationtrade assoc.

  1 filing · confidence 97%
• National Association of Home Builderstrade assoc.

  1 filing · confidence 97%
• National Bank of New York Cityunverified attribution

  1 filing · confidence 70%
• New York Bankers Associationtrade assoc.

  1 filing · confidence 85%
• Old Point National Bankunverified attribution

  1 filing · confidence 70%
• OnPoint Community Credit Unionunverified attribution

  1 filing · confidence 70%
• Pacific Community Credit Unionunverified attribution

  1 filing · confidence 70%
• Pennsylvania Association of Community Bankerstrade assoc.

  1 filing · confidence 85%
• Robertson Banking Companyunverified attribution

  1 filing · confidence 70%
• Saratoga National Bank and Trust Companyunverified attribution

  1 filing · confidence 70%
• South Carolina Bankers Associationtrade assoc.

  1 filing · confidence 85%
• SRI Federal Credit Unionunverified attribution

  1 filing · confidence 70%
• Sterling National Bankunverified attribution

  1 filing · confidence 70%
• The First National Bank of Elmerunverified attribution

  1 filing · confidence 70%
• The Risk Management Associationtrade assoc.

  1 filing · confidence 85%
• Union Bankshares Corporationunverified attribution

  1 filing · confidence 70%
• Unitus Community Credit Unionunverified attribution

  1 filing · confidence 70%
• Verity Credit Unionunverified attribution

  1 filing · confidence 70%
• Wilber National Bankunverified attribution

  1 filing · confidence 70%