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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

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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
David Sims N/A The decision by FHFA to follow the original HERA law of 2008 appears t…View Comment
Email: david.sims321@gmail.com
Attachment: N/A
White Corona N/A Fannie and Freddie have paid over all bail out with interest. C-ship s…View Comment
Email: N/A
Attachment: N/A
Brian Linse N/A As a service provider for the construction industry, U.S. citizen, emp…View Comment
Email: N/A
Attachment: N/A
John Watt N/A The housing trust fund is in violation of conservatorship and opposite…View Comment
Email: N/A
Attachment: N/A
Shirley Rogers N/A Fannie Mae and Freddie Mac were taken over after few thugs ( Hank Paul…View Comment
Email: shirleyprogers@gmail.com
Attachment: N/A
Nat Raja N/A Thanks a lot for the support you have given. Now, lets take the two pi…View Comment
Email: N/A
Attachment: N/A
Peter Snelling N/A Dear FHFA, I am pleased to see that the GSEs are nearly fully function…View Comment
Email: N/A
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David Lehigh B.A. M.A. N/A I applaud this new beginning and transition into a cohesive GSE platfo…View Comment
Email: N/A
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Jason Witkowski N/A Release Fannie and Freddie from conservator-ship. This has gone on lo…View Comment
Email: jasonw147@aol.com
Attachment: N/A
Paul Tashner N/A I support the idea of funding the Housing Trust Fund, however it must…View Comment
Email: Ptashner@gmail.com
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KISHOR SHAH N/A Director Watt Thanks for doing fine job FHFA. Thanks for starting hous…View Comment
Email: kshr44@yahoo.com
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Jared Zurbruegg N/A I applaud your decision to fund the Housing Trust Fund as many Amercia…View Comment
Email: Jzurbruegg@yahoo.com
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Mike Rop N/A While I believe funding the Housing Trust fund is a positive and neces…View Comment
Email: mike_rop@yahoo.com
Attachment: N/A
Glen Bradford Mr. I think that the third amendment net worth sweep as well as the $500M…View Comment
Email: globalspeculation@gmail.com
Attachment: N/A
Jack Jones N/A Hello - Supporting affordable housing through contributions to the Hou…View Comment
Email: N/A
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Sam Singer N/A Contributions to the Housing Trust and Capital Magnet Funds is essenti…View Comment
Email: N/A
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Andrew Garrich N/A Although funding the Housing Trust and Capital Magnet Funds is an admi…View Comment
Email: N/A
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John Duncan Macleod Rollins Accounting I am against funding one group of stakeholders until all stakeholders…View Comment
Email: dmacleod@raisi.com
Attachment: N/A
Hawk Eye N/A Fannie, Freddie and those americans who own them deserve to be acknowl…View Comment
Email: N/A
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Craig Campbell N/A While I agree with the cause and the need, I am appalled by the way th…View Comment
Email: 226ccampbell@gmail.com
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Matt Hill N/A Here's the deal, housing finance is not an inventive technology. It's…View Comment
Email: mhill15@yahoo.com
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Joseph Slechta N/A I want to add to my previous comment. I am against the funding of the…View Comment
Email: slechtajoseph@yahoo.com
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Ramadan Greva N/A Dear Honorable Director Watt, The head of the Senate Banking Committee…View Comment
Email: rgreva@hotmail.com
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Fred Porteous N/A I would rather see money going to the affordable housing trust funds t…View Comment
Email: digger1060@sbcglobal.net
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Jeff Schoen N/A Please suspend funding the housing trust fund until Freddie and Fanni…View Comment
Email: N/A
Attachment: N/A