InvestorsHub Logo
icon url

Wise Man

05/27/24 12:09 AM

#794626 RE: LuLeVan #794600

This is why the UST recommended the Basel-framework for capital requirements, for the release from conservatorship, in its 2011 Report to Congress at the request of the Dodd-Frank law.


It required guarantee fee increases that reflect their risk, so that FnF can be held to the same capital standards as the banks. Thus, don't depend anymore on the UST backup of FnF in the Charter Act.
15 years in the making.
Don't worry about the release.
You should worry about the corrupt Plaintiffs and Co that want to deplete capital in FnF with the 10% and NWS dividends, the SPS LP increases for free, etc.

I think it would be more accurate to say that they cannot assess the economic consequences for the housing market and the economy in general if they release the twins.