The panel should include academia, existing and former Fed and Treasury folks, the private sector financial side and some people who do not have an axe to grind. There should be a bulldog running this.

If we let the FHFA set the five-year plan for the FHFA then in five years we will have accomplished nothing. The government’s role will be bigger than ever. One FHFA goal should be:


FHFA puts the following sentences at the bottom of its correspondence. They are very proud of this big number. The folks at FHFA want this number to grow every week and month forever. If we are not careful that number will grow to $10 Trillion in five years.


I did like the cover and all the other pictures of the happy home owners.