End of GSE conservatorship nears but CFPB ruling raises new questions

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By Jennifer Kang, Max Adams
02 Jul 2020

The end of government control of Fannie Mae and Freddie Mac drew one step closer this week, but a US Supreme Court ruling on the leadership structure of the Consumer Financial Protection Bureau (CFPB) raises the possibility that the course could be reversed under a new government after November's election, write Max Adams and Jennifer Kang.

On June 30, the Federal Housing Finance Agency (FHFA) published its proposed capital requirements for the government sponsored enterprises (GSEs) — the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Associaton (Fannie Mae) — in the Federal Register, formalising a proposal it announced in ...

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