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  • Comment Detail

  • Date: 11/24/21
    First Name: Timothy
    Last Name: Goldberg
    Organization: N/A
    City: N/A
    State: N/A
    Attachment: N/A
    Number: RIN-2590-AB17

  • Comment

    A reasonable capital rule alone is insufficient. FHFA must make sure GSEs are PRUDENT in buying loans. If they are not , even 10% capital may not be safe. During house bubble time such as now, they tighten credit requirements. They also require more down payment and mortgage insurance. This enforcement is critical. With it and 1.5% capital, they should be good forever.