Saturday, May 23, 2020 12:41:33 AM
How recently?
How many times? Tia
"
Asking FnF to step in to provide more and more liquidity with lower capital levels is happening all along.
It happened in 2008 with imposition of conservatorship. FHFA suspended capital requirements and mandated FnF to provide unlimited liquidity. For last 11 years FnF are operating without any capital.
Recently Gov mandated unlimited forbearance is another example.
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