Housing Trust Fund

Date

03/26/2015

Number

RIN-2590-AA73

Group

Fannie Mae

Freddie Mac

CFR

12 CFR part 1251

CFR Description

Contributions to the Housing Trust and Capital Magnet Funds

Effective Date

Thu, 03/26/2015 - 12:00

Housing Trust Fund

FOR FURTHER INFORMATION CONTACT: 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. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.

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.

Public Comments

Below are a compilation of public comments made on this publication.

75 items

CSV

Date Sort ascending	First Name	Last Name	Organization	Comment
01/15/15	Mark	Pinsky	Opportunity Finance Network	Email: N/A Attachment: View Attachment
01/15/15	Daniel	Tschopp	N/A	I commend the work that he FHFA has done to help stabilize the mortgag… Email: N/A Attachment: N/A
01/15/15	Alan	Heaney	N/A	Let the GSEs recapitalize by issuing twice as much stock as they have… Email: N/A Attachment: N/A
01/15/15	Ron	Haynie	Independent Community Bankers of America (ICBA)	See attached letter. Email: info@icba.org Attachment: View Attachment
01/09/15	Jordan	Mohr	N/A	Amazing how you can begin funding this now that you are "sound and sol… Email: N/A Attachment: N/A
01/02/15	Garrett	D'Angelo	N/A	Lawless and amoral actions by the Fhfa to fund projects like this whil… Email: N/A Attachment: N/A
12/30/14	Naseer	Sheikh	N/A	Please release FNMA and FMCC to private shareholder. This unfair priv… Email: afshanaseer@yahoo.com Attachment: N/A
12/29/14	J	Carney	N/A	I would like to congratulate you on a step in the right direction. Th… Email: N/A Attachment: N/A
12/29/14	Bijan	Arjomandy	N/A	The fact that these two entities (Fannie and Freddie) have been able… Email: N/A Attachment: N/A
12/29/14	Frank	Fosco	N/A	I am a shareholder in Fannie and Freddie and are please to see part of… Email: N/A Attachment: N/A
12/29/14	john	myers	N/A	I'm sincerely puzzled how the housing trust fund can be funded while t… Email: invmyers@hotmail.com Attachment: N/A
12/28/14	Nick	Marlow	N/A	Director Mel Watt, I would like to commend you on the decision to fund… Email: N/A Attachment: N/A
12/27/14	Curtis	Voltz	N/A	How can the GSE's be compelled to give company funds to low income hou… Email: N/A Attachment: N/A
12/27/14	bob	grace	N/A	By putting money back into the housing trust fund, this is another exa… Email: N/A Attachment: N/A
12/26/14	Michael	Smallwood	N/A	Thank you for Funding the Housing Trust Fund. Fannie Mae and Freddie M… Email: N/A Attachment: N/A
12/26/14	Jeanette	Morgan Ray	N/A	I would like to express my appreciation for your decision to add monie… Email: jfmorganp@yahoo.com Attachment: N/A
12/25/14	ely	levy	N/A	GSEs are a role model for the world in terms of liquidity for the hous… Email: N/A Attachment: N/A
12/25/14	Desmond	Janousek	N/A	I believe this is a big mistake if Fannie Mae and Freddie Mac are not… Email: desmond4121@hotmail.com Attachment: N/A
12/25/14	B	S	N/A	We all commend and thank FHFA and Director Mel Watt for listening to m… Email: N/A Attachment: N/A
12/24/14	John	Mitch	N/A	Strongly support release of Fannie Mae back to private ownership. Email: mitchj@nationwide.com Attachment: N/A
12/24/14	John	Watt	N/A	The housing trust fund is in violation of conservatorship and opposite… Email: N/A Attachment: N/A
12/24/14	Nat	Raja	N/A	Thanks a lot for the support you have given. Now, lets take the two pi… Email: N/A Attachment: N/A
12/24/14	David	Lehigh B.A. M.A.	N/A	I applaud this new beginning and transition into a cohesive GSE platfo… Email: N/A Attachment: N/A
12/24/14	Jason	Witkowski	N/A	Release Fannie and Freddie from conservator-ship. This has gone on lo… Email: jasonw147@aol.com Attachment: N/A
12/24/14	Paul	Tashner	N/A	I support the idea of funding the Housing Trust Fund, however it must… Email: Ptashner@gmail.com Attachment: N/A
12/24/14	KISHOR	SHAH	N/A	Director Watt Thanks for doing fine job FHFA. Thanks for starting hous… Email: kshr44@yahoo.com Attachment: N/A
12/24/14	Jared	Zurbruegg	N/A	I applaud your decision to fund the Housing Trust Fund as many Amercia… Email: Jzurbruegg@yahoo.com Attachment: N/A
12/24/14	Mike	Rop	N/A	While I believe funding the Housing Trust fund is a positive and neces… Email: mike_rop@yahoo.com Attachment: N/A
12/24/14	Upendra	Kulkarni	N/A	Dear Sir/Madam, One of the main duties and responsibility of the Conse… Email: upendrak@yahoo.com Attachment: N/A
12/24/14	Fan O.	Fred	N/A	Dear Mr. Pollard, Thank you for asking for input on the Housing Trust… Email: N/A Attachment: N/A
12/24/14	jose	gentil	N/A	MR WATTS GOOD JOBE...YOU ARE DOING GREAT YOU NEED TO RELEASE FNMA AND… Email: jgentil169@hotmail.com Attachment: N/A
12/24/14	60	Minutes	N/A	Comments Do you think it makes sense? Th companies are in conservators… Email: N/A Attachment: N/A
12/24/14	William	Hartley	N/A	Looking forward to the release of conservatorship. :) Thanks for guidi… Email: N/A Attachment: N/A
12/24/14	David	Sims	N/A	The decision by FHFA to follow the original HERA law of 2008 appears t… Email: david.sims321@gmail.com Attachment: N/A
12/24/14	Brian	Linse	N/A	As a service provider for the construction industry, U.S. citizen, emp… Email: N/A Attachment: N/A
12/24/14	Shirley	Rogers	N/A	Fannie Mae and Freddie Mac were taken over after few thugs ( Hank Paul… Email: shirleyprogers@gmail.com Attachment: N/A
12/24/14	Peter	Snelling	N/A	Dear FHFA, I am pleased to see that the GSEs are nearly fully function… Email: N/A Attachment: N/A
12/24/14	White	Corona	N/A	Fannie and Freddie have paid over all bail out with interest. C-ship s… Email: N/A Attachment: N/A
12/23/14	Jack	Daniels III	N/A	I encourage the FHFA to release and regulate the gse's. The reasons fo… Email: N/A Attachment: N/A
12/23/14	joe	johnson	N/A	I don't believe a company that is 100% shareholder owned should give m… Email: N/A Attachment: N/A
12/23/14	jose	gentil	N/A	GOV SHOULD RELEASE FREDDY AND FANNY BEFORE THEY WILL BE FORCE TO OTHER… Email: jgentil169@hotmail.com Attachment: N/A
12/23/14	Andy	Aquino	N/A	I support FNF to support housing trust fund to help affordable hous… Email: yaquino@sbcglobal.net Attachment: N/A
12/23/14	Andy	Lowy	N/A	Really? Fannie and Freddie are funneling billions of dollars, 100% of… Email: andyplowy@hotmail.com Attachment: N/A
12/23/14	Glen	Bradford	Mr.	I think that the third amendment net worth sweep as well as the $500M… Email: globalspeculation@gmail.com Attachment: N/A
12/23/14	Sam	Singer	N/A	Contributions to the Housing Trust and Capital Magnet Funds is essenti… Email: N/A Attachment: N/A
12/23/14	John Duncan	Macleod	Rollins Accounting	I am against funding one group of stakeholders until all stakeholders… Email: dmacleod@raisi.com Attachment: N/A
12/23/14	Craig	Campbell	N/A	While I agree with the cause and the need, I am appalled by the way th… Email: 226ccampbell@gmail.com Attachment: N/A
12/23/14	Joseph	Slechta	N/A	I want to add to my previous comment. I am against the funding of the… Email: slechtajoseph@yahoo.com Attachment: N/A
12/23/14	Fred	Porteous	N/A	I would rather see money going to the affordable housing trust funds t… Email: digger1060@sbcglobal.net Attachment: N/A
12/23/14	Kenneth	Klempner	N/A	I feel contributions to the Housing Trust and Capital Magnet Funds is… Email: lklempner@msn.com Attachment: N/A