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July 10, 2014

FHFA Unleashes New Capital Rules on MI Sector

By Paul Muolo

At the very least, MI firms must have $400 million in capital, and $500 million if the company is start-up mortgage insurer.

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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