Comment Detail
Date: 07/28/18 First Name: Michael Last Name: Montague Organization: N/A City: N/A State: N/A Attachment: N/A Number: RIN-2590-AA95 Comment
For 10 years the Gov has put the taxpayers at risk, 2008 Gov invested 184 billion to GSE'S with a 10% dividend to be paid to Gov, by 2012 the entire amount was paid back in just 4 years. As GSE'S began to be extremely Profitable again Gov takes advantage and STEALS all profits. also in 2012 over 75% of resigned assets where Bank owned and full value was given to the Banks( Back door Bailout) Happy to show Doc's to Prove! Major problem is Gov interference with Poor Loan standards, starts with low income housing but big banks take advantage. All involve must have Accountability. Now the Gov is repeating their gifts to big banks, selling pools of assets to S Goldman, and now says investors are moving Market too high for average buyers.