Fannie Mae’s regulator will reduce restrictions on the largest financier of home loans, even after a wider-than-expected loss forced the company to raise capital and reduce its dividend.

Fannie Mae rose as much as 7.1 percent after the Office of Federal Housing Enterprise Oversight said it will lower requirements for surplus capital to 15 percent from 20 percent. Washington-based Fannie Mae reported a $2.19 billion loss, cut the dividend for the second time in six months and said it plans to raise $6 billion to increase capital.

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