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  • Comment Detail

  • Date: 10/16/14
    First Name: Jeffrey
    Last Name: Wood
    Organization: Individual homeowner
    City: N/A
    State: N/A
    Attachment: N/A
    Number: RIN-2590-AA65

  • Comment

    I think the only "goal" that Fannie Mae and Freddie Mac should have is to accept only good, quality mortgages for bundling into mortgage-backed securities. That is how any privately-owned company should operate. I think FHFA should release the companies from conservatorship and once again make them part of the private sector.

    To give these companies any other "goal" ... like accepting substandard mortgages, mortgages from non-credit worthy applicants, mortgages from certain areas of the country, etc. is to invite another financial crisis.