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  • Comment Detail

  • Date: 10/18/17
    First Name: Paul
    Last Name: Slater
    Email: AZRegency@cox.net
    Organization Type: N/A
    Organization: Individual Share Holder

  • Comment

    I am a small share holder of FNMA Stock - Not a huge Investment Fund. We rely on the US Govt to protect the property rights of all US Citizens, something that has not been done so far in this instance.

    It is time to stop the quarterly payment by Fannie Mae and Freddie Mac to the US Treasury. $187 Billion was advanced and $266 Billion has been repaid and the US Govt still owns 79.9% of the company. An exit from the conservatorship (with common sense underwriting of loans) must respect the rights of all individuals that own shares in FNMA & FHLMC.

    Additionally it is critical to keep institutions in place to provide liquidity, especially during times of panic and turmoil, in order to maintain a strong housing market and create a viable mortgage market for future generations of Americans.