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  • Comment Detail

  • Date: 10/20/14
    First Name: Dan
    Last Name: Berger
    Organization: N/A
    City: N/A
    State: N/A
    Attachment: N/A
    Number: RIN-2590-AA65

  • Comment

    To whom it may concern,

    As a homeowner and investor in Fannie Mae and Freddie Mac, I support FHFA's goals of affordable single family and multifamily housing loans as stated.

    It is important that persons of limited means have an opportunity to access the benefits of home ownership and be able to develop a degree of economic stability that ownership offers.

    I feel it is also important that the risk for such loans be shared by lenders, investors and borrowers.

    It should also be noted that if one intends to encourage participation rates in the housing markets, it is necessary that interest rates be allowed to rise, to encourage the participation of more capital in the market. While it seems obvious that lower interest rates encourage the demand for mortgages, the supply side is apparently being ignored, and lenders continue to have high qualification standards, so as to limit their risk and reduce the investment of low-return capital.

    Sincerely,

    Dan Berger