Date: March 27, 2014

Issue: Capital Formation

To: OCC, SEC, Federal Reserve, HUD, FHFA, and FDIC

Filing Type: Regulatory

Description: The negative consequences of endangering a heavily relied upon source of credit cannot and should not be ignored by regulators.  Together, the undersigned companies respectfully request that you reconsider the current regulatory approach to risk retention in order to prevent undue harm to an important and affordable source of financing.  .

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