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Wise Man

07/16/23 2:21 AM

#759465 RE: Wise Man #759422

I meant the Core Capital is the same every quarter since Sept 2019 (adjusted $-193B together), not the Capital shortfall, which varies when the capital requirement changes every quarter.
Also, I will post the FHFA-R's duty correctly, to differentiate it from the FHFA-C's:

To ensure that:
FnF operate in a safe and sound manner, including maintenance of adequate capital and internal controls.



Put in a sound and solvent condition is in the conservator's mandate.
One is "maintenance of adequate capital", the other is to restore capital levels.
The FHFA officials and lawmakers repeat the same slogan about "safe operations", omitting the part of the capital levels, which is the only role as conservator.
FHFA has failed miserably both as regulator and conservator. And the oversight by Congress is no where to be seen.