Tuesday, May 26, 2020 8:09:38 AM
He claimed that the risk weight floor of 15%, had an impact of 0.5% of the single-family UPB, that is $25 billion, on the capital requirement, and I've proven that, although the floor might have had an impact, the bulk is due to having increased the minimum rate on the risk-weighted assets from 6% to 8%, something that he conceals in the report.
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