Regulatory Capital and Liquidity Requirements (Tables)

9 Months Ended

Sep. 30, 2020

Regulatory Capital and Liquidity Requirements

Summary of agencies' capital and liquidity requirements by each agency

	September 30, 2020						December 31, 2019
Agency–company subject to requirement	Actual (1)			Requirement (1)			Actual (1)			Requirement (1)
	(dollars in thousands)
Capital
Fannie Mae & Freddie Mac – PLS	$	3,841,356		$	616,001		$	2,247,751		$	585,674
Ginnie Mae – PLS	$	3,139,830		$	980,469		$	1,907,398		$	910,456
HUD – PLS	$	3,139,830		$	2,500		$	1,907,398		$	2,500
Liquidity
Fannie Mae & Freddie Mac – PLS	$	607,064		$	82,828		$	257,794		$	79,991
Ginnie Mae – PLS	$	607,064		$	217,648		$	257,794		$	216,119
Adjusted net worth / Total assets ratio
Ginnie Mae – PLS		10	%		6	%		19	%		6	%
Tangible net worth / Total assets ratio
Fannie Mae & Freddie Mac – PLS		12	%		6	%		22	%		6	%

(1) Calculated in compliance with the respective Agency’s requirements.