Fannie Mae, Freddie Mac Well-Capitalized - OFHEO

NEW YORK (Reuters) - Fannie Mae and Freddie Mac, the biggest providers of money for U.S. home mortgages, had enough capital at the end of December to weather deteriorating market conditions, its federal regulator said on Tuesday.

Fannie Mae had core capital of $45.4 billion, or $3.9 billion more than the minimum required, the Office of Federal Housing Enterprise Oversight said in a statement. Freddie Mac's core capital of $37.9 billion was $3.5 billion over its minimum, OFHEO said.

Both government-sponsored enterprises increased capital over the quarter in moves seen "prudent" given market conditions, OFHEO added.

(Reporting by Al Yoon; Editing by Theodore d'Afflisio)