Fannie Mae says FHFA's margin rules would drive up hedging costs


Fannie Mae and derivatives dealers have warned the Federal Housing Finance Agency (FHFA) and the Farm Credit Administration (FCA) that their proposals on the margining of uncleared derivatives will significantly increase the cost of trading – making hedging more expensive for the Federal Home Loan Banks (FHLBs) and mortgage lenders Fannie Mae and Freddie Mac than for other market participants.

Entities regulated by the FHFA and FCA receive special treatment under the rules, requiring them to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...


You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: