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  • Comment Detail

  • Date: 05/16/23
    First Name: Mark
    Last Name: Huang
    Email: Qishenhuang@yahoo.com
    Organization Type: other
    Organization: Private

  • Comment

    I've worked in a very technical role in mortgage backed securities for 6 years.

    GSEs are specialized insurance with safe collateral of very stable value.

    If GSEs or FHFA are careful in buying high risk loans, 1% capital is sufficient. 1.5% is too conservative; 2% is outrageously high.