The Federal Housing Finance Agency (FHFA) said Monday it has selected Houlihan Lokey Capital, Inc. as a financial advisor to assist in the development and implementation of a roadmap to end the conservatorships of Fannie Mae and Freddie Mac.
The agency said that while developing the roadmap, Houlihan Lokey will consider business and capital structures, market impacts and timing, and available capital raising alternatives, among other items as outlined in the previously published Statement of Work.
“Hiring a financial advisor is a significant milestone toward ending the conservatorships of the Enterprises,” said Director Mark Calabria. “The next major milestone for FHFA is the re-proposal of the capital rule, which will happen in the near future.”
