GARY G. MILLER: “The principal consideration, perhaps the only consideration for FHFA…”

On the recordMarch 30, 2011

The principal consideration, perhaps the only consideration for FHFA as conservator of Fannie and Freddie should be reducing the losses of taxpayers

Said by

California

Source

Miller emphasizes the need to minimize taxpayer losses in the housing market.

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Yet, by requiring this Davis-Bacon mandate, we are beating up the price of apartments and condos and townhomes by 20 to 25 percent.

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GARY G. MILLER: “The principal consideration, perhaps the only consideration for FHFA as conservator of Fannie and Freddie should be…”