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Volume 2014 - Number 46

December 4, 2014

FHFA Still Working on Capital and Liquidity Standards For Nonbanks; A December Unveiling Pushed Into 2015?

The Federal Housing Finance Agency is continuing to work on new standards that will dictate not only how much capital nonbank servicers must retain, but how much in liquidity reserves they will need, according to industry analysts and advisors familiar with the topic. Moreover, these officials believe that some type of unveiling of those standards – originally planned for December – has been pushed into the first quarter of 2015. “One problem [the] FHFA is facing is...

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25 to 50 basis points per loan
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