Skip to main content

  • Comment Detail

  • Date: 12/18/21
    First Name: Tom
    Last Name: Jones
    Organization: N/A
    City: N/A
    State: N/A
    Attachment: N/A
    Number: RIN-2590-AB16

  • Comment

    Given the ever increasing liquidation preference for Treasury, external resources won't contribute a penny capital.
    GSEs have net worth, which all belong to Treasury. GSEs are really nationalized. Are FHFA and Treasury reversing this? It is a pre-condition.

    FHFA has a bad reputation of fox guarding hens. In next year or next administration, it can sign another LETTER AGREEMENT to make difficult life of GSEs even more so. Say resuming Net Worth Sweep?

    What if Republican take over White House, and both chambers of Congress? A new FHFA Director? A new legislation on housing reform?

    FHFA needs to specify the time frame, context, and assumptions for capital planning. Otherwise, a waste of time and efforts of GSE employees.