Fannie Mae-No Politics (FNMA)

[Wise Man]

"Regulatory policy": ST, responsible for the absence of the Critical Capital level in the ERCF.
HERA amended the FHEFSSA's Risk-Based Capital requirement, the Minimum Leverage Capital level and allowed the FHFA to include new capital metrics like the CET1 and the Tier 1 Capital, along with the concept of Capital Buffers, but nothing about the Critical Capital level that remains as is: 1.25% of the Retained Portfolio and 0.25% of the off-balance sheet obligations (MBS Trusts), which is met with Core Capital.


The Critical Capital level triggers a Conservatorship, established for Critically Undercapitalized enterprises.

Now it's when

"regulatory policy, capital policy and financial analysis".

Jackpot!

Not meeting a level called "critical" bothers to the scammers peddling the idea that FnF have been rehabilitated, a prerequisite required by Justice Alito, reading the Incidental Power as a tool to achieve the FHFA-C's Rehab power of soundness, with some leeway. Not a choice.
With an adjusted $-216B Accumulated Deficit Retained Earnings accounts together, the sole account that absorbs the future losses, you need a lot of pictures with your thumb up and with half smile Gioconda-style, to conceal this fraud.