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Housing Trust Fund

Open Date:
Open for comment 12/16/2014
Deadline:
All comments are due by 1/15/2015
Type:
Interim Final Rule
Number:
RIN-2590-AA73
Group:
 
Fannie Mae; Freddie Mac
Document Number:
2014–29345
CFR:
12 CFR part 1251
CFR Description:
Contributions to the Housing Trust and Capital Magnet Funds
Federal Register Publish Date:
View Document:
 
Contact Information:

​Alfred M. Pollard, General Counsel, (202) 649-3050 (not a toll-free number), Federal Housing Finance Agency, Eighth Floor, 400 Seventh Street SW., Washington, DC 20024. The telephone number for the Telecommunications Device for the Hearing Impaired is (800) 877-8339.

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​SUMMARY:  The Federal Housing Finance Agency (FHFA) is issuing an interim final rule setting forth requirements related to allocations by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (together, the Enterprises) to the Housing Trust and Capital Magnet Funds created by the Housing and Economic Recovery Act of 2008. The rule implements a statutory prohibition against the Enterprises passing the cost of such allocations through to the originators of loans they purchase or securitize.

DATES:  This interim final rule is effective on December 16, 2014. FHFA will accept written comments on this interim final rule on or before January 15, 2015.

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