Are right. Good afternoon. Thank you for coming. My name is dan simundza. On a Research Scientist at the global forum on urban and regional resilience. On behalf of all my colleagues at the form id like to welcome you to two nights special event. Its an honor for me to have the opportunity to introduce our speaker tonight, doctor Susan Wharton gates. Dr. Gates wrote that freddie mac for nearly 20 years at times help position of the edge of the copies research magazine, compiler of credit risk data for the board of directors, policy director for freddie macs top login is some coordinator of the risk group and primary writer of ceo congressional testimony. She served as Vice President of the Public Policies and of corporate strategy. Our fascinating book days of slaughter which she will discuss shortly provides an insiders view of the implosion of the u. S. Housing finances. Since her time at freddie mac dr. Gates has worked as an academic, a consultant and an entrepreneur. Shes taught c
Electronic devices is prohibited. Set all to vibrate or turn the device completely off. This is the regular meeting of the wednesday, april 26, 2017, and the time is 5 00 p. M. Actively roll call. Commissioner vicepresident nakajos commissioner Michael Hardeman commissioner Francee Covington commissioner Joe Alioto Veronese improve of department chief joanne hayeswhite and should be noted that sxhoeld has been excused from todays meeting item 2 on items of interest to the public that are within the subject matter jurisdiction subject matter jurisdiction on the agenda. Speakers shall address their remarks to the commission as a whole and not to individual commissioners or Department Commissioners or Department Personnel. Commissioners are not to enter into debate or discussion with a speaker. Commissioners or Department Personnel does not necessarily constitute agreement with or support of statements made during Public Comment. Is tell you members of the public that wish it give Public
Commissioner Francee Covington commissioner Joe Alioto Veronese improve of department chief joanne hayeswhite and should be noted that sxhoeld has been excused from todays meeting item 2 on items of interest to the public that are within the subject matter jurisdiction subject matter jurisdiction on the agenda. Speakers shall address their remarks to the commission as a whole and not to individual commissioners or Department Commissioners or Department Personnel. Commissioners are not to enter into debate or discussion with a speaker. Commissioners or Department Personnel does not necessarily constitute agreement with or support of statements made during Public Comment. Is tell you members of the public that wish it give Public Comment at this time. Please approach and identify yourself please. My name is michael and on a lot of the cherry bloom festival thank you for supporting our festival and celebrating 50 years of japanese cultural i participated in this as a spectator and through
Of the season. The area most aversely affected will be east of the bay due to the diablo range. The pollutants get trapped close to the surface so you will see haze today. Meanwhile, numbers from the 70s to 90s. The full forecast including a cooldown is coming up. Jaclyn . Good morning. Happy wednesday. Heres a live look at the golden gate bridge. You can see traffic flowing freely in both directions. No delays making your way into the city from that span. Heres a live look at the bay bridge toll plaza. About 17 minutes along the eastshore freeway from the carquinez bridge to the maze. In just a few hours, attorneys for the man accused of killing sierra lamar will make their final attempt to win over the jury. After 13 weeks of testimony, prosecutors presented their closing arguments in the high profile trial yesterday. They say antolin garciatorres kidnapped and killed the morgan hill teen five years ago. Prosecutors spent most of the closing arguments highlighting forensic evidence.
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 including the i see the day in several coauthors and many others. About what the future system should look like. In the meantime continuing to serve as a conspirator in regulator and as the Federal Home Loan Bank fhfa has undertaken a number of initiatives including those that began prior to the directors 10 year. One significant undertaking is the securitization platform that was originally intended to