Comment Detail
Date: 08/27/18 First Name: Holden Last Name: Walker III Organization: N/A City: N/A State: N/A Attachment: N/A Number: RIN-2590-AA95 Comment
The proposed Enterprise Capital Requirements are acceptable as written and will protect taxpayers in the future by putting a significant amount of private capital ahead of any explicit or implicit government guarantee.
The conservatorship of the Enterprises is nearing its ten-year anniversary and taxpayers remain at risk. The FHFA needs to immediately request and approve capital restoration plans from the Enterprises.
Based on the terms of the SPSPA, the government can secure another $100 billion for taxpayers following a 10% return and principal repayment over the last decade.