Regulatory Capital and Liquidity Requirements (Tables)

6 Months Ended

Jun. 30, 2025

Regulatory Capital and Liquidity Requirements

Summary of agencies' capital and liquidity requirements by each agency

	June 30, 2025						December 31, 2024
Requirement/Agency	Actual (1)			Requirement (1)			Actual (1)			Requirement (1)
	(dollars in thousands)
Capital
Fannie Mae & Freddie Mac	$	7,711,113		$	1,485,109		$	7,457,748		$	1,380,100
Ginnie Mae	$	7,630,194		$	1,618,448		$	6,952,347		$	1,526,074
HUD	$	7,630,194		$	2,500		$	6,952,347		$	2,500
Risk-based capital
Ginnie Mae		40	%		6	%		40	%		6	%
Liquidity
Fannie Mae & Freddie Mac	$	839,203		$	676,887		$	870,243		$	630,698
Ginnie Mae	$	1,037,175		$	495,140		$	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.