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jeddiemack

01/28/17 1:22 PM

#382056 RE: Donotunderstand #382021

Cap's House bill 491 that was proposed - redefines the arrangement as a lending arrangement as opposed to what has been called an "investment".

This is the subject of the discussion. That if the payments and draws were that of a loan and interest payments as opposed to how is being treated (currently).

A simple interest loan recalculation - of which I did over 1,000 for the FHLB would result in the government owing fannie and freddie a few billion each.

Its just math.