Skip to main content
  • Comment Detail

  • Date: 02/19/22
    First Name: Dean
    Last Name: Featherston
    Organization: N/A
    City: N/A
    State: N/A
    Attachment: N/A
    Number: RIN-2590-AB16
  • Comment

    Written, this day, to our Conservator,
    It has been pointed out in the recent Fannie Mae 10-K that the shareholders are not of primary concern!? It is implied that the shareholders are not of concern to the Conservator. Such a position is contrary to the traditional role of a Conservator.
    Normally, a Conservator reports to the Judicial System. In the case of the GSEs the Chief Conservator is a politician and our President. His loyalty to the Democratic Party overrides his loyalty to the Constitution. Loyalty to the Rule of Law and the Constitution must be the first and fundamental priority of a Conservator. The GSE Conservatorship is driven by politics, not the rule of valid Constitutional law. This is a huge flaw.
    Given the unauthorized Constitutional violation of the GSE seizure, one might expect that the Conservator would be aroused enough to consider the rights of the private owners of the GSEs. A Conservator operates free of politics. As a Conservator you are also free to do what is unquestionably right. Your pen can right the ship.