Total capital

Total capital means, with respect to an Enterprise, the sum of the following:
(1) The core capital of the Enterprise;
(2) A general allowance for foreclosure losses, which -
(i) Shall include an allowance for portfolio mortgage losses, an allowance for non-reimbursable foreclosure costs on government claims, and an allowance for liabilities reflected on the balance sheet for the Enterprise for estimated foreclosure losses on mortgage-backed securities; and
(ii) Shall not include any reserves of the Enterprise made or held against specific assets.
(3) Any other amounts from sources of funds available to absorb losses incurred by the Enterprise, that the Director by regulation determines are appropriate to include in determining total capital.

Source

12 CFR § 1750.11

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Scoping language

Except where a term is explicitly defined differently in this subpart, all terms defined at 1750.2 of subpart A of this part shall have the same meanings for purposes of this subpart. For purposes of subpart B of this part, the following definitions shall apply:

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