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jeddiemack

01/30/17 9:19 PM

#382669 RE: Donotunderstand #382364

Do not ...

Cap's bill 491 - proposes to recharacterize payments as interest/principal payments at 5% rate as oppose to 10% that was initially charged and of course the NWS - that has taken everything.

Doing this, following Cap's proposed bill - results in the government owing around $40B to the GSE's.