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All right, madam vice chair. Sorry everyone, for the difficulties. All right. For members of the public, we are on item number two. Public comment has been closed and we were taking action on the july 21st minutes. Madam vice chair. Um, i believe commissioner williams moved to approve the minutes. Oh commissioner preston moved to approve the minutes. Do i have a second . Second . All right. On the motion moved by commissioner preston, seconded by commissioner williams. Commissioner preston. Hi, preston. I commissioner williams i. Williams i vice chair fielder i fielder i. There are three eyes....

All right, madam vice chair. Sorry everyone, for the difficulties. All right. For members of the public, we are on item number two. Public comment has been closed and we were taking action on the july 21st minutes. Madam vice chair. Um, i believe commissioner williams moved to approve the minutes. Oh commissioner preston moved to approve the minutes. Do i have a second . Second . All right. On the motion moved by commissioner preston, seconded by commissioner williams. Commissioner preston. Hi, preston. I commissioner williams i. Williams i vice chair fielder i fielder i. There are three eyes....

All right, madam vice chair. Sorry everyone, for the difficulties. All right. For members of the public, we are on item number two. Public comment has been closed and we were taking action on the july 21st minutes. Madam vice chair. Um, i believe commissioner williams moved to approve the minutes. Oh commissioner preston moved to approve the minutes. Do i have a second . Second . All right. On the motion moved by commissioner preston, seconded by commissioner williams. Commissioner preston. Hi, preston. I commissioner williams i. Williams i vice chair fielder i fielder i. There are three eyes....

All right, madam vice chair. Sorry everyone, for the difficulties. All right. For members of the public, we are on item number two. Public comment has been closed and we were taking action on the july 21st minutes. Madam vice chair. Um, i believe commissioner williams moved to approve the minutes. Oh commissioner preston moved to approve the minutes. Do i have a second . Second . All right. On the motion moved by commissioner preston, seconded by commissioner williams. Commissioner preston. Hi, preston. I commissioner williams i. Williams i vice chair fielder i fielder i. There are three eyes....

And freddie mac is in the conservatorship of veneers september 2008 and paulson describe the conservatorship as a timeout. Today fannie and freddie continued to dominate the market approximately 70 percent of the mortgages are back for the federal government while fannie and freddie with the Housing Market experiences a downturn the status quo is not a viable option. The Housing Finance system with two Government Enterprises in conservatorship as not a sustainable solution. Taxpayers today have to much risk with to a bigger role in the Mortgage Market. Those that have released proposals includ...