Regulatory Capital and Liquidity Requirements (Tables)

3 Months Ended

Mar. 31, 2021

Regulatory Capital and Liquidity Requirements

Summary of agencies' capital and liquidity requirements by each agency

	March 31, 2021						December 31, 2020
Agency–company subject to requirement	Actual (1)			Requirement (1)			Actual (1)			Requirement (1)
	(dollars in thousands)
Capital
Fannie Mae & Freddie Mac – PLS	$	4,964,124		$	653,752		$	4,454,680		$	633,331
Ginnie Mae – PLS	$	4,466,186		$	963,805		$	3,794,112		$	1,058,641
HUD – PLS	$	4,466,186		$	2,500		$	3,794,112		$	2,500
Liquidity
Fannie Mae & Freddie Mac – PLS	$	444,973		$	86,640		$	506,096		$	84,444
Ginnie Mae – PLS	$	444,973		$	215,218		$	506,096		$	215,722
Adjusted net worth / Total assets ratio
Ginnie Mae – PLS		14	%		6	%		12	%		6	%
Tangible net worth / Total assets ratio
Fannie Mae & Freddie Mac – PLS		16	%		6	%		14	%		6	%

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