Comment Detail
Date: N/A First Name: Charles Last Name: Dailey Email: charles@charlesdailey.com Organization Type: N/A Organization: iLoan Comment
Fannie and Freddie are hugely profitable right now and have restored the money they borrowed to the Treasury. Continuing G Fees is just a tax by another name. They shouldn't happen anymore but if they must, it should be done so with a sunset date in the near term. Additionally, we are not in an "adverse market" and haven't been for some time. Consequently, the 0.25 bps adverse market delivery should end immediately (it should have ended a year ago). Suggesting that we "might be" going into another adverse market is a ridiculous. Should such a thing materialize, they can reintroduce it.
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