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  • Comment Detail

  • Date: 07/08/18
    First Name: John
    Last Name: John
    Organization: N/A
    City: N/A
    State: N/A
    Attachment: N/A
    Number: RIN-2590-AA95

  • Comment

    As rightly recognized by FHFA, FnF are specialized insurance companies.

    Core capital requirements are being imposed on FnF (insurance companies) similar to banks because Bankers and Bank Lobbyists are trying to make the FnF model less competitive, expensive and non-viable. Most of the documents on core capital requirements only talk about these requirements with reference to banks never with reference to insurance companies.

    Then why FHFA wants to impose the same type of core of capital requirements that are used for bank only?
    Why FHFA does not want to use only insurance regulatory requirements for FnF?