Trump to Sign Tax Reform into Law that Triggers Fannie, Freddie Treasury Draw

HousingWIre, Dec. 20, 2017–Kelsey Ramirez
The new law reduces the corporate tax rate from 35% to 21%, the first reduction to the rate in 15 years. Now, due to that reduction, the GSEs will likely need to make a draw from the Treasury for two reasons: zero capital and the GSEs’ deferred tax assets.