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U.S. housing finance regulator adopts new capital rule for Fannie Mae, Freddie Mac

WASHINGTON, Nov 18 (Reuters) - Housing giants Fannie Mae and Freddie Mac would have to raise over $200 billion in new capital to fall in line with a new capital rule finalized Wednesday by their regulator.

The new rule from the Federal Housing Finance Agency places bank-like capital requirements on the pair, and was seen as a key step in preparing the two to eventually leave government control and return to operating as private companies. (Reporting by Pete Schroeder; editing by Diane Craft)