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Re: jog49 post# 694676

Sunday, 09/12/2021 12:41:14 PM

Sunday, September 12, 2021 12:41:14 PM

Post# of 796560
This could be a frickin disaster: "Importantly, this increased focus and activity on affordable housing by the GSEs must be mandated by
FHFA. These activities will further the GSEs’ public mission but produce lower financial returns, which is
statutorily permissible. Mandating them both ensures that they occur in light of the other competing
interests of the GSEs, and it also safeguards that neither GSE is disadvantaged compared to the other by
concentrating on a less lucrative portion of the housing market."

THE FHA SHOULD BE DOING THESE HIGH RISK LOANS NOT TWO GSES WHOSE CONSERVATOR HAS BEEN STEALING ALL THEIR 1ST LOSS CAPITAL SINCE 2012!