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  • Comment Detail

  • Date: 10/18/17
    First Name: FRED
    Last Name: HAMM
    Email: hamsingchi@yahoo.com
    Organization Type: N/A
    Organization: INDIVIDUAL SHAREHOLDER

  • Comment

    As a veteran, citizen and taxpayer, I invested in the GSE's in good faith on the broken promise that Conservatorship would be temporary and the companies would be "conserved and preserved" and eventually returned to shareholders, the rightful owners of these court-affirmed-privately-held companies.

    As for Housing Reform: "Fannie Mae has become a vastly different company. We have put in place strong, sensible lending standards, improved our business model, reduced taxpayer exposure, and made mortgage lending simpler and more efficient."-Tim Mayopoulos CEO

    Government needs to stop playing with fire and toying with the critical mortgage system by procrastinating and insisting on fixing a once-in-a-life-time glitch that has already been fixed. Trump, Mnuchin and Watt can do the right thing ethically, abide by the Constitution (5th Amend) and insure the stability of the country all at once by de-nationalizing (recapitalizing, releasing and relisting) these pillars of our economy rated 20 and 39 respectively on 2017's list of Fortune 500 Companies. Failed business models, indeed.