Fannie Mae-No Politics (FNMA)

[Wise Man]

BAANG1!THE LEVERAGE CAPITAL IS HIGHER THAN THE RISK-BASED CAPITAL REQUIREMENT.
The Leverage Capital, which is the old Minimum Capital, is Core Capital > $152 billion.
The Risk-Based Capital is Total Capital (Core Capital + TIER2 Capital) > $135 billion.

Then, the Leverage Capital renders the R-B Capital void, because the first makes the latter become $152 billion as well, as it includes the minimum Core Capital in the formula.
424 pages of the report talking about the R-B Capital, is a waste of paper and time, as the Leverage Capital annuls the R-B Capital.