FHFA received at least eighty comments on its proposed capital framework for the GSEs in conservatorship and beyond.  Following the usual niceties about how FHFA is addressing an important issue, etc., etc., many commenters – albeit not Freddie Mac – want the agency to step way back, separate the post-conservatorship framework, recalibrate some of the most important aspects of the framework, and propose the whole thing at least one more time.

The full report is available to subscription clients. To find out how you can sign up for the service, click here.