Comment Detail
Date: 08/31/20 First Name: Ethan Last Name: Whited Organization: N/A City: N/A State: N/A Attachment: N/A Number: RIN-2590-AA95 Comment
As a long time shareholder of both Fannie Mae & Freddie Mac common & preferred securities I have witnessed a grave fraudulent injustice to the enterprises by senior government officials in the Barack Obama administration. The national scandal is known as Fanniegate.
Gene B Sperling, Mike Stegman, Edward DeMarco, Jim Parrott, Brian Deese, Mary Miller, Tim Geithner, Jack Lew, Mario Ugoletti, Mel Watt, & David Stevens are a few of the bad government actors. At the very minimum, they shouldn’t be allowed to comment or have any influence on the FHFA, especially the capital raise process.I believe 3% capital & elimination of free bank giveaways (CRT) will allow the enterprises to operate save & soundly while following statutory requirements.