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  • Comment Detail

  • Date: 10/21/14
    First Name: James
    Last Name: Baillie
    Organization: FNMA Shareholder
    City: N/A
    State: N/A
    Attachment: N/A
    Number: RIN-2590-AA65

  • Comment

    As a shareholder from before the FHFA took over as conservator of FNMA. I would be very happy if you just allowed FNMA to return to the company it once was. FNMA plays a vital role in the US economy by supporting the home loans that the banks make. FNMA supports one of the most important industries, housing. As witnessed by the trouble that the country has experienced in the recent past. The economy cannot recover without a solid real estate market.

    FNMA should just be retooled and not replaced. It can be retooled to be up and running at a lower cost than to create a new company.

    You can make the company whole again. Just allow it to keep the profits it makes from here in and all will be good.

    It has paid back the government all of the money used to keep the housing market afloat and performed as planned to do so. We need it there in the future to do the same if circumstance occur.

    Sincerely,

    James Baillie
    FNMA Share Holder