Comment Detail
Date: 09/11/24 First Name: Nico Last Name: Sintichakis Organization: N/A City: N/A State: N/A Attachment: N/A Number: RIN-2590-AB34 Comment
Respectfully, with Fannie & Freddie being in conservatorships for almost 17 years now and with over 13,000 employees combined do we really need a third party holding and monitoring their every move? I am more conferenced about the waste of hundreds of millions of taxpayers dollars paying for the FHFA employees amongst other things that is quite frankly a huge waste in government spending.
I am sure between the 15,000 employees the companies have combined they can figure things out amongst themselves and do not require any further outside third party assistance.
It’s time to end the conservatorships especially now knowing President Harris will add 3million new homes to the market which will not be able to be handled by Fannie / Freddie while locked in conservatorships.
Blessings