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Freddie Mac Statement on FSOC’s Discussion of FHFA’s Revised Capital Rule

MCLEAN, Va. – Today, Freddie Mac CEO David Brickman issued the following statement after the Financial Stability Oversight Council’s (FSOC) discussion of the Federal Housing Finance Agency’s (FHFA) re-proposed Capital Rule:

“The Financial Stability Oversight Council’s discussion of FHFA’s proposed Capital Rule signifies important momentum toward exiting conservatorship. We thank members of the FSOC for making this a standalone agenda item in the face of many competing priorities. As Freddie Mac continues working to assist homeowners and renters adversely affected by COVID-19, we remain focused on a responsible exit. Today’s discussion is a critical step toward that goal.”

Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac, and Freddie Mac’s blog FreddieMac.com/blog.