Regulatory Capital and Liquidity Requirements (Tables)

3 Months Ended

Mar. 31, 2025

Regulatory Capital and Liquidity Requirements

Summary of agencies' capital and liquidity requirements by each agency

	March 31, 2025						December 31, 2024
Requirement/Agency	Actual (1)			Requirement (1)			Actual (1)			Requirement (1)
	(dollars in thousands)
Capital
Fannie Mae & Freddie Mac	$	7,609,126		$	1,424,117		$	7,457,748		$	1,380,100
Ginnie Mae	$	7,507,021		$	1,561,002		$	6,952,347		$	1,526,074
HUD	$	7,507,021		$	2,500		$	6,952,347		$	2,500
Risk-based capital
Ginnie Mae		43	%		6	%		40	%		6	%
Liquidity
Fannie Mae & Freddie Mac	$	939,389		$	649,270		$	870,243		$	630,698
Ginnie Mae	$	1,136,306		$	474,056		$	1,208,755		$	460,200
Adjusted net worth / Total assets ratio
Ginnie Mae		40	%		6	%		35	%		6	%
Tangible net worth / Total assets ratio
Fannie Mae & Freddie Mac		32	%		6	%		29	%		6	%

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