Comment Detail
Date: 12/23/14 First Name: Christa Last Name: Hess Organization: N/A City: N/A State: N/A Attachment: N/A Number: RIN-2590-AA73 Comment
Please release FNMA/FMCC. Both GSE's should be relisted and start to build capital. When I watch your lawers try and spin the law it makes me wonder are they reading the same statute? Conserve and release!
H. R. 3221—84‘‘(D) POWERS AS CONSERVATOR.—The Agency may, as
conservator, take such action as may be—
‘‘(i) necessary to put the regulated entity in a sound
and solvent condition; and
‘‘(ii) appropriate to carry on the business of the
regulated entity and preserve and conserve the assets
and property of the regulated entity.
‘‘(E) ADDITIONAL POWERS AS RECEIVER.—In any case
in which the Agency is acting as receiver, the Agency
shall place the regulated entity in liquidation and proceed
to realize upon the assets of the regulated entity in such
manner as the Agency deems appropriate, including
through the sale of assets, the transfer of assets to a
limited-life regulated entity established under subsection
(i), or the exercise of any other rights or privileges granted
to the Agency under this paragraph.