Skip to main content

Freddie Mac Proposed Purchase of Single-Family Closed-End Second Mortgages Comment Request

Notice Details
Type
Notice
Number
2024-N-5
Group
Fannie Mae
Freddie Mac
Federal Register Publish Date
04/22/2024
Federal Register Citation
89 FR 29329
PDF Format
Comment Status
Closed
Comment Open Date
04/22/2024
Comment End Date
05/22/2024
View Documents:

Freddie Mac Proposed Purchase of Single-Family Closed-End Second Mortgages Comment Request

Contact Information

FOR FURTHER INFORMATION CONTACT:  Eric Bryant, Policy Analyst, Division of Housing Mission and Goals, (202) 253-4505, eric.bryant@fhfa.gov; William Merrill, Associate Director, Division of Housing Mission and Goals, (202) 649-3428, william.merrill@fhfa.gov; Lyn Abrams, Associate General Counsel, Office of General Counsel, (202) 649-3059, lyn.abrams@fhfa.gov; or Dinah Knight, Assistant General Counsel, Office of General Counsel, (202) 748-7801, dinah.knight@fhfa.gov, Federal Housing Finance Agency, 400 Seventh Street, SW, Washington, DC 20219.  These are not toll-free numbers.  For TTY/TRS users with hearing and speech disabilities, dial 711 and ask to be connected to any of the contact numbers above.

Summary

SUMMARY:  The Federal Housing Finance Agency (FHFA) invites comments on a proposal by the Federal Home Loan Mortgage Corporation to purchase certain ingle-family closed-end second mortgages as a new product.

DATES:  FHFA will accept written comments on the proposed new product on or before May 22, 2024.​

Public Comments people-icon

Below are a compilation of public comments made on this notice.

443 items
CSV
Date First Name Last Name Organization Comment
John D. Fry, CMB N/A See attached.View Comment Email: N/A
Attachment: View Attachment
Tim Cloves N/A This is a VERY BAD idea! Please don't do it!!View Comment Email: N/A
Attachment: N/A
Kile Story N/A I am an employee of a small community bank. I'm aware that some of the…View Comment
Email: kilestory@gmail.com
Attachment: N/A
Deepak Dewangan N/A This is a crazy idea to put more and more easy money in the pocket of…View Comment
Email: dkd92121@gmail.com
Attachment: N/A
Bob landers N/A Answers Question 7: This new product will not further fair housing, it…View Comment
Email: jorma1975@gmail.com
Attachment: N/A
Cari Florence N/A Stop screwing around with the housing market thinking you’re going to…View Comment
Email: N/A
Attachment: N/A
Mike Madden N/A I am shocked that this already hasn’t been happening. It doesn’t make…View Comment
Email: Mikema87@yahoo.com
Attachment: N/A
Sean Smith N/A Please do not pump more artificial money into the housing market which…View Comment
Email: Seanwrsmith@yahoo.com
Attachment: N/A
Christopher Parker N/A This appears to be a poor idea. Family homes often represent the sing…View Comment
Email: mrcdparker@yahoo.com
Attachment: N/A
Rajesh Chaudhary N/A This policy will make home ownership illusive for young people. This i…View Comment
Email: N/A
Attachment: N/A
Ilya Golberg N/A Unless it can be guaranteed that any losses will not be forced onto th…View Comment
Email: N/A
Attachment: N/A
Brian Kou N/A My God have you people NO common sense? Who will foot the bill when th…View Comment
Email: N/A
Attachment: N/A
Taylor Madore N/A Proposed policies like this are starting to make me wonder whether the…View Comment
Email: N/A
Attachment: N/A
Walter Mirczak None Higher interest rates have slowed the housing market and reduced cash-…View Comment
Email: Mirczak@msn.com
Attachment: N/A
Serkan Eren N/A As part of an institutional investor in Agency MBS market, I am agains…View Comment
Email: N/A
Attachment: N/A
Michael Tullis Garrett State Bank As being a banker that makes second mortgages in the communities we se…View Comment
Email: mtullis@garrettstatebank.com
Attachment: N/A
Brian Knight N/A See attached request to extend comment period.View Comment Email: N/A
Attachment: View Attachment
david jaffe N/A I believe Freddie Mac insuring 2nd mortgages is a recipe for disaster.…View Comment
Email: davidjaffe210@gmail.com
Attachment: N/A
John N/A See attached.View Comment Email: N/A
Attachment: View Attachment
Brad Kort N/A See attached.View Comment Email: N/A
Attachment: View Attachment
Paul Orlowski N/A I think this is an asinine plan. It does nothing to increase home own…View Comment
Email: paul.orlowski@yahoo.com
Attachment: N/A
Anthony Mickle The Investment Forum I'm all for liquidity of the secondary market and unleashing some of t…View Comment
Email: micklea798@cs.com
Attachment: N/A
Robert Wiesner N/A You ask...(8) to what degree might borrowers benefit from or be advers…View Comment
Email: N/A
Attachment: N/A
Christopher Thacker N/A As a single family homeowner and a taxpayer, I implore you not to tran…View Comment
Email: N/A
Attachment: N/A
Thomas Crawford N/A My name is Thomas Crawford, and I am a longtime community banker and m…View Comment
Email: N/A
Attachment: N/A