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Re: navycmdr post# 634234

Saturday, 09/26/2020 9:15:20 PM

Saturday, September 26, 2020 9:15:20 PM

Post# of 794272
"FHFA recognizes the seriousness of the stability risk posed by Enterprise activities to the financial system and commits to the Council that we will ensure that risk is mitigated."

FHFA Director is beating the drum of fake alarm even after 12 years. During last 12 years FHFA actively undermined FnF with every possible dirty trick. FHFA/HERA is itself the biggest risk to FnF and financial system.

In 2008, irresponsible decision of FHFA to impose conservatorship on FnF, triggered financial crisis in to worldwide financial meltdown.

Simple remedy is to abolish FHFA and HERA.