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Portions of preferred stock purchase agreements suspended
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Legislation
Thursday, September 16, 2021
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The Federal Housing Finance Agency and the U.S. Department of the Treasury have suspended four provisions of the preferred stock purchase agreements (PSPA) with Fannie Mae and Freddie Mac (the Enterprises).
In addition to suspending portions of the PSPAs, the agency also has issued a notice of proposed rulemaking related to amending the Enterprise regulatory capital framework rule.
Read on for more details.
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