| Summary of agencies' capital and liquidity requirements by each agency |
| | | | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | Requirement/Agency | | Actual (1) | | Requirement (1) | | Actual (1) | | Requirement (1) | | | | | (dollars in thousands) | | Capital | | | | | | | | | | | | | | Fannie Mae & Freddie Mac | | $ | 8,325,354 | | $ | 1,552,585 | | $ | 8,212,718 | | $ | 1,475,719 | | Ginnie Mae | | $ | 8,188,521 | | $ | 1,705,190 | | $ | 8,002,181 | | $ | 1,616,380 | | HUD | | $ | 8,188,521 | | $ | 2,500 | | $ | 8,002,181 | | $ | 2,500 | | Risk-based capital | | | | | | | | | | | | | | Ginnie Mae | | | 40 | % | | 6 | % | | 41 | % | | 6 | % | Liquidity | | | | | | | | | | | | | | Fannie Mae & Freddie Mac | | $ | 992,460 | | $ | 705,416 | | $ | 1,095,507 | | $ | 689,782 | | Ginnie Mae | | $ | 1,326,846 | | $ | 519,158 | | $ | 1,285,660 | | $ | 512,613 | | Adjusted net worth / Total assets ratio | | | | | | | | | | | | | | Ginnie Mae | | | 38 | % | | 6 | % | | 37 | % | | 6 | % | Tangible net worth / Total assets ratio | | | | | | | | | | | | | | Fannie Mae & Freddie Mac | | | 28 | % | | 6 | % | | 28 | % | | 6 | % |
| (1) | Calculated in accordance with the respective Agency’s requirements. |
|