Subject: File No. DF Title IV - Systemic Risk Reporting From:
Eric E Williams, Mr. Affiliation: Former Home Owner  June 4,
2011  I am commenting on the part of the "QRM" or Risk
Rentention Rules that your organisation is discussing.  If--we
future homeowners are required to put down a percentage, then
the banking industry should also match that percentage equally
in retaining the risk of utilizing the loan and its foundational
support for the consumer via funding. Most lenders--if any would
not want to participate or support this rule. Which should
enable a red flag in someones portforlio to go off. At least
someone on your committe would recognize this.  I want someone
in your committee to understand my personal opinion. I put up
the necessary percentage when I purchased my home. The bank kept
my money and more (mortgage payments) until I had to short sale.
I played by the rules. I was not eligable for any of the
Government bailout programs because I was in an Investor only
owned note. The banks did not bail