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Publication Details
Type
Interim Final Rule
Document Number
2014–29345
Federal Register Publish Date
12/16/2014
Effective Date
12/16/2014
Comment Open Date
12/16/2014
Comment End Date
01/15/2015
Comment Status
Closed
Rulemaking Details
Rulemaking

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

Housing Trust Fund

Contact Information

​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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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

​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 people-icon

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

75 items
Date Sort ascending First Name Last Name Organization Comment
12/23/14 Elizabeth Cannon N/A
Although FNF supporting the affordable housing trust fund is admirable…
Email: bethphx1@cox.net
Attachment: N/A
12/23/14 Fred Porteous N/A
I would rather see funds going to affordable housing than being sent i…
Email: digger1060@sbcglobal.net
Attachment: N/A
12/23/14 Chris Peck N/A
While I am in in favor of the Housing Trust Fund, in particular due to…
Email: N/A
Attachment: N/A
12/23/14 Jeff Schoen N/A
Please suspend funding the housing trust fund until Freddie and Fanni…
Email: N/A
Attachment: N/A
12/23/14 Ramadan Greva N/A
Dear Honorable Director Watt, The head of the Senate Banking Committee…
Email: rgreva@hotmail.com
Attachment: N/A
12/23/14 Matt Hill N/A
Here's the deal, housing finance is not an inventive technology. It's…
Email: mhill15@yahoo.com
Attachment: N/A
12/23/14 Hawk Eye N/A
Fannie, Freddie and those americans who own them deserve to be acknowl…
Email: N/A
Attachment: N/A
12/23/14 Andrew Garrich N/A
Although funding the Housing Trust and Capital Magnet Funds is an admi…
Email: N/A
Attachment: N/A
12/23/14 Jack Jones N/A
Hello - Supporting affordable housing through contributions to the Hou…
Email: N/A
Attachment: N/A
12/23/14 Camron Noorbakhsh N/A
Dear Director Melvin Watt, Alfred Pollard, and others at the FHFA, I a…
Email: N/A
Attachment: N/A
12/23/14 Christa Hess N/A
Please release FNMA/FMCC. Both GSE's should be relisted and start to b…
Email: christalhess@yahoo.com
Attachment: N/A
12/23/14 david goldberg N/A
Funding the house trust fund is an admirable thing to do,as it goes to…
Email: N/A
Attachment: N/A
12/23/14 Andy Aquino N/A
Support to housing trust is good. However there is a bigger picture to…
Email: yaquino@me.com
Attachment: N/A
12/23/14 Mark Huang N/A
I'm happy with recent funding from GSEs. But are they healthy financia…
Email: N/A
Attachment: N/A
12/23/14 Kevin McAllister N/A
I would hope that FHFA would remove the 3rd amendment sweep first, th…
Email: N/A
Attachment: N/A
12/22/14 Joseph Slechta N/A
Funding the housing trust fund is a very worthwhile cause. So is the f…
Email: slechtajoseph@yahoo.com
Attachment: N/A
12/22/14 Andrew Tomlinson N/A
While I am excited to see the GSE's support affordable housing finance…
Email: N/A
Attachment: N/A
12/22/14 Owen Matte N/A
The FHFA has this backwards. First the GSEs must build up capital to p…
Email: N/A
Attachment: N/A
12/22/14 Robert Hess N/A
This is a very good thing if you are starting to fund the Affordable h…
Email: officerhess4@gmail.com
Attachment: N/A
12/22/14 John Gower N/A
Neither Fannie nor Freddie should be required to pay into these funds…
Email: N/A
Attachment: N/A
12/22/14 Trish Graves N/A
How can money from FNMA and FMCC be taken out to fund these programs w…
Email: ratishasue@sbcglobal.net
Attachment: N/A
12/22/14 Angella Zieba N/A
Dear Mr Pollard; I am one of many individuals who are going to flood y…
Email: angel@zieba.org
Attachment: N/A
12/22/14 Chris Roberts N/A
FHFA should not support the Housing Fund(s) while in Conservatorship.…
Email: chrisanja@yahoo.com
Attachment: N/A
12/22/14 Michael Montague N/A
The Facts are that over 25% of funds have been used to buy big bank fo…
Email: mvmontague@gmail.com
Attachment: N/A
12/14/14 Kim Brown N/A
See attached comment.
Email: N/A
Attachment: View Attachment