6.1.20
A new report from Fitch Ratings highlights that the economic fallout caused by the pandemic has lowered the likelihood of GSE reform during the next couple of years. Specifically, the report highlights that “the massive amounts of capital they would likely need to fully exit government control could be challenged by the grim and highly uncertain economic outlook.” The new report comes as the Federal Housing Finance Agency is proposing new regulations which would alter the GSE capital framework.