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  • Comment Detail

  • Date: 10/19/14
    First Name: Arbi
    Last Name: Khodadadi
    Organization: N/A
    City: N/A
    State: N/A
    Attachment: N/A
    Number: RIN-2590-AA65

  • Comment

    Shame on you Mr. Watt,

    There is no other way to say it. You are making the same mistakes that led to inflated housing costs in 2005. The FHFA should have no "targets" for home ownership and should certainly not encourage ignoring good underwriting standards and waving down payment requirements. Doing so will only lead to housing inflation, followed by a housing crash, followed by more housing malaise.

    Shame on you once again. If you hadn't intervened the last time, housing would be cheaper right now and all this "encouraging of lending" would not be necessary.