Skip to main content

  • Comment Detail

  • Date: 08/30/20
    First Name: Tim
    Last Name: Craig
    Organization: NA
    City: N/A
    State: N/A
    Attachment: N/A
    Number: RIN-2590-AB03

  • Comment

    The proposed capital rule is simply too high for the GSE’s business model. They are not big banks and do not invest in things that are as risky as those banks. Therefore their capital requirements should not be the same. Additionally, as a taxpayer I have already been fully repaid by Fannie and Freddie for their bailout, so now it is time to give the companies back to the public. Sr preferred stocks should be written off as paid back, jr preferred lawsuits should be settled, and warrants should be cancelled, not excercised, and his needs to be done this year in order for investors to ever have confidence to invest again in public Fannie Mae and Freddie Mac