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Saturday, April 18, 2020 3:39:39 PM
Core capital requirements applies to FIs like banks where there is run on the banks.
For Insurance companies capital requirements are different.
Th wall street crooks imposed core capital requirements to destroy FnF.
That is very true... unfortunately all the recent "buzz" about the capital rule has been talk about imposing "bank like" capital standards for fannie and freddie.
Opponents have been pressing for them to be held to the same standard as banks.
This is also why Tim Howard has been saying, depending on what the capital requirement % is will let us all know which direction the administration intends to take us. Until then we are all rolling a 100-sided die.
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