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  • Comment Detail

  • Date: N/A
    First Name: Michael
    Last Name: Kolacki
    Email: racermike1@gmail.com
    Organization Type: other
    Organization: EVKO Enterprises

  • Comment

    G Fee increase a bad idea, because:
    - It penalizes and limits new buyers by making the process more expensive.
    - Underwriting standards are still very tight resulting in a more quality buyer so less GSE losses.
    - Home ownership is already at a multi year low. This would further constrict the housing market
    - The GSEs have been, and likely will continue, to earn record profits.