Replies to post #528776 on Fannie Mae-No Politics (FNMA)

[bcde]

Fighting whether or not core capital is properly understood, a concrete life jacket or needed is a complete waste of time.

Its definition is defined.

Its need is accepted by every person with any decision making power or influence in GSE reform.

It looks like fhfa defines core capital the way UST tells it. There is no law.

In addition fhfa can altogether ignore capital requirements as in 10 years of conservatorship.