Okay, she doesn't talk about it much, does she? I think it's located towards the bottom. Are you sure that responsibly ending the conservatorship will get the same priority as the gses promoting "responsible affordable housing lending"?
I like to look at the leaders actions and not so much their words, does the following actions so far tend to delay or put towards the bottom of the list exiting conservatorship to the more important goal of "responsible affordable housing lending"?
1. Ending the adverse market fee early at a net projected cost to the twins of $2B to $3B, according to the FHFA OIG.
2. Reemphasizing the need for the return of the CRT program giveaway and it's subsequent transfer payments to the financial establishment.
3. Increasing low income multifamily quotas.
4. Bankrolling the costs of having multifamily landlords report on time rental payments to the credit agencies.
Her marching orders are clear and rebuilding much needed capital seems at the bottom of their list.
She picked Mr. Yi to be her General Counsel, he use to be Senator Sherrod Browns right hand man, do you think he will believe that rebuilding a banks capital is more important than subsidizing "responsible affordable housing lending that addresses social inequality"?
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