From: Randy Speaker [mailto:RSpeaker@Topeka.org]
Sent: Thursday, September 16, 2004 2:16 PM
To: Comments
Subject: Community Reinvestment -- RIN 3064-AC50
To Whom It May Concern;
I have been very involved in affordable housing development and
financing for the past 25 years. From 1995 through 2004, I served as the
Undersecretary of Housing for the State of Kansas. I have also served on
the Federal Home Loan Bank of Topeka advisory board as well as the
Fannie Mae advisory board for the Southwest region. I view the proposed
changes to the CRA requirements to be a further weakening of the
regulations. This is unfortunate since the CRA requirements have
successfully provided the incentive for numerous lending institutions to
actively participate in housing and community development lending that
might not otherwise been considered.
I ask that you not further weaken the CRA requirements by adopting
the proposed changes.
