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Wednesday, September 11, 2019 6:10:41 PM
Correct me if I’m wrong but regulatory capital is whatever FHFA deems to put FnF in a sound and solvent position.
Yes. That is correct.
Any updates on the framework since the comment period?
No. Calabria has yet to propose a final rule.
See:
https://www.fhfa.gov/Media/PublicAffairs/PublicAffairsDocuments/Proposed-Rule-Enterprise-Capital-Fact-Sheet.pdf
https://www.govinfo.gov/content/pkg/FR-2018-07-17/pdf/2018-14255.pdf
https://www.fhfa.gov/SupervisionRegulation/Rules/RuleDocuments/2018_Capital_Extension_83_FR_38085_2018-16654.pdf
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