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Legislation
Thursday, January 7, 2021
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The Federal Housing Finance Agency (FHFA) has issued a notice of proposed rulemaking on resolution plans for Fannie Mae and Freddie Mac (the Enterprises).
The proposed rule would require the Enterprises to develop what is known as a living will and would “facilitate a rapid and orderly resolution should the FHFA have to be appointed their receiver under the Housing and Economic Recovery Act of 2008.”
Read on for more details.
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