Wednesday, July 01, 2020 12:26:36 AM
The biggest challenge to re-capitalization of FnF, is the lawless FHFA conservatorship.
Lawless FHFA conservatorship is the main reason why capital rich FnF (about $100B) became zero net worth companies. If FnF were to continue without lawless conservatorship, then by this time FnF would have accumulated additional $150B to $200B additional capital.
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