Skip to main content

  • Comment Detail

  • Date: 12/22/14
    First Name: Owen
    Last Name: Matte
    Organization: N/A
    City: N/A
    State: N/A
    Attachment: N/A
    Number: RIN-2590-AA73

  • Comment

    The FHFA has this backwards. First the GSEs must build up capital to protect the taxpayer in the event of a downturn in housing, then and only then should they be required to fund low income housing funds.

    Secondly a mandated allocation of the GSEs assets into a housing trust fund is in direct violation of the FHFAs lawful duties to conserve and preserve the assets and property of the GSEs.