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Notice Details
Type
Notice
Number
2024-N-5
Group
Fannie Mae
Freddie Mac
Federal Register Publish Date
04/22/2024
Comment Status
Closed
Comment Open Date
04/22/2024
Comment End Date
05/22/2024

Freddie Mac Proposed Purchase of Single-Family Closed-End Second Mortgages Comment Request

Contact Information

FOR FURTHER INFORMATION CONTACT:  Eric Bryant, Policy Analyst, Division of Housing Mission and Goals, (202) 253-4505, eric.bryant@fhfa.gov; William Merrill, Associate Director, Division of Housing Mission and Goals, (202) 649-3428, william.merrill@fhfa.gov; Lyn Abrams, Associate General Counsel, Office of General Counsel, (202) 649-3059, lyn.abrams@fhfa.gov; or Dinah Knight, Assistant General Counsel, Office of General Counsel, (202) 748-7801, dinah.knight@fhfa.gov, Federal Housing Finance Agency, 400 Seventh Street, SW, Washington, DC 20219.  These are not toll-free numbers.  For TTY/TRS users with hearing and speech disabilities, dial 711 and ask to be connected to any of the contact numbers above.

Summary

SUMMARY:  The Federal Housing Finance Agency (FHFA) invites comments on a proposal by the Federal Home Loan Mortgage Corporation to purchase certain ingle-family closed-end second mortgages as a new product.

DATES:  FHFA will accept written comments on the proposed new product on or before May 22, 2024.​

Public Comments people-icon

Below are a compilation of public comments made on this notice.

443 items
Date Sort ascending First Name Last Name Organization Comment
05/11/24 John D. Fry, CMB N/A
See attached.
Email: N/A
Attachment: View Attachment
05/10/24 Bob landers N/A
Answers Question 7: This new product will not further fair housing, it…
Email: jorma1975@gmail.com
Attachment: N/A
05/10/24 Cari Florence N/A
Stop screwing around with the housing market thinking you’re going to…
Email: N/A
Attachment: N/A
05/10/24 Tim Cloves N/A
This is a VERY BAD idea! Please don't do it!!
Email: N/A
Attachment: N/A
05/10/24 Kile Story N/A
I am an employee of a small community bank. I'm aware that some of the…
Email: kilestory@gmail.com
Attachment: N/A
05/10/24 Deepak Dewangan N/A
This is a crazy idea to put more and more easy money in the pocket of…
Email: dkd92121@gmail.com
Attachment: N/A
05/09/24 Taylor Madore N/A
Proposed policies like this are starting to make me wonder whether the…
Email: N/A
Attachment: N/A
05/09/24 Mike Madden N/A
I am shocked that this already hasn’t been happening. It doesn’t make…
Email: Mikema87@yahoo.com
Attachment: N/A
05/09/24 Sean Smith N/A
Please do not pump more artificial money into the housing market which…
Email: Seanwrsmith@yahoo.com
Attachment: N/A
05/09/24 Christopher Parker N/A
This appears to be a poor idea. Family homes often represent the sing…
Email: mrcdparker@yahoo.com
Attachment: N/A
05/09/24 Rajesh Chaudhary N/A
This policy will make home ownership illusive for young people. This i…
Email: N/A
Attachment: N/A
05/09/24 Ilya Golberg N/A
Unless it can be guaranteed that any losses will not be forced onto th…
Email: N/A
Attachment: N/A
05/09/24 Brian Kou N/A
My God have you people NO common sense? Who will foot the bill when th…
Email: N/A
Attachment: N/A
05/08/24 Walter Mirczak None
Higher interest rates have slowed the housing market and reduced cash-…
Email: Mirczak@msn.com
Attachment: N/A
05/08/24 Serkan Eren N/A
As part of an institutional investor in Agency MBS market, I am agains…
Email: N/A
Attachment: N/A
05/08/24 Michael Tullis Garrett State Bank
As being a banker that makes second mortgages in the communities we se…
Email: mtullis@garrettstatebank.com
Attachment: N/A
05/08/24 Brian Knight N/A
See attached request to extend comment period.
Email: N/A
Attachment: View Attachment
05/07/24 david jaffe N/A
I believe Freddie Mac insuring 2nd mortgages is a recipe for disaster.…
Email: davidjaffe210@gmail.com
Attachment: N/A
05/06/24 Paul Orlowski N/A
I think this is an asinine plan. It does nothing to increase home own…
Email: paul.orlowski@yahoo.com
Attachment: N/A
05/06/24 Anthony Mickle The Investment Forum
I'm all for liquidity of the secondary market and unleashing some of t…
Email: micklea798@cs.com
Attachment: N/A
05/06/24 Robert Wiesner N/A
You ask...(8) to what degree might borrowers benefit from or be advers…
Email: N/A
Attachment: N/A
05/06/24 Christopher Thacker N/A
As a single family homeowner and a taxpayer, I implore you not to tran…
Email: N/A
Attachment: N/A
05/06/24 John N/A
See attached.
Email: N/A
Attachment: View Attachment
05/06/24 Brad Kort N/A
See attached.
Email: N/A
Attachment: View Attachment
05/05/24 John Gables N/A
I am writing to express significant concerns about the risks and negat…
Email: N/A
Attachment: N/A
05/05/24 Samantha Roberts N/A
As a concerned citizen and someone who has worked over 30 years in the…
Email: N/A
Attachment: N/A
05/05/24 Debrah Kim N/A
My name is Debrah Kim, and I'm a housing counselor and community advoc…
Email: N/A
Attachment: N/A
05/05/24 Thomas Crawford N/A
My name is Thomas Crawford, and I am a longtime community banker and m…
Email: N/A
Attachment: N/A
05/05/24 Emily Anderson N/A
My name is Emily Anderson, and I am a seasoned mortgage broker with ov…
Email: N/A
Attachment: N/A
05/05/24 Jake Thompson N/A
Greetings, I am Jake Thompson, a passionate housing advocate and commu…
Email: N/A
Attachment: N/A
05/05/24 James Perry N/A
I read that Freddie Mac is requesting permission to buy second mortgag…
Email: jm_fairwinds@yahoo.com
Attachment: N/A
05/04/24 Anonymous Citizen N/A
To: Federal Housing Finance Agency Re: Proposed Enterprise New Produc…
Email: N/A
Attachment: N/A
05/04/24 Martha Merrill N/A
See attached.
Email: N/A
Attachment: View Attachment
05/04/24 Dottie Sheppick Specialty Mortgage Product Solutions, LLC.
See attached.
Email: N/A
Attachment: View Attachment
05/04/24 Anonymous N/A
See attached.
Email: N/A
Attachment: View Attachment
05/04/24 K. R. Lomax N/A
See attached.
Email: N/A
Attachment: View Attachment
04/22/24 John Misiora N/A
I believe Freddie Mac's premise "existing borrowers face limited optio…
Email: N/A
Attachment: N/A
04/22/24 Kara Lamphere Click n' Close, Inc.
#1 Allowing the purchase of second liens under this program definitely…
Email: kara.lamphere@clicknclose.com
Attachment: N/A
04/22/24 Gordy Bright Standard Mortgage Corporation
See attached comment
Email: N/A
Attachment: View Attachment
04/20/24 Eric Clonch Howard Hanna Mortgage
See attached comment
Email: N/A
Attachment: View Attachment
04/19/24 Lydia Smith MBA Southern Bancorp
See attached Comment
Email: N/A
Attachment: View Attachment
04/18/24 Ian Ashton N/A
See attached comment
Email: N/A
Attachment: View Attachment
04/18/24 Russell Galindo N/A
See attached comment
Email: N/A
Attachment: View Attachment