H.R. 9460

Sustainable Homeownership Act

Sponsor: Scott Fitzgerald · 0 cosponsors

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Sec. 5. Core capital definition

Section 1303(7) of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C. 4502(7)) is amended by inserting after subparagraph (D) the following:

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(E) Any other components or adjustments as determined appropriate by the Director for the purposes of—

(i) ensuring safety and soundness of an enterprise; and

(ii) enhancing transparency and consistency with respect to financial industry standards.