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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.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
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
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	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	Kevin	McAllister	N/A	I would hope that FHFA would remove the 3rd amendment sweep first, th… Email: N/A 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	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	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	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	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	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	I support FNF to support housing trust fund to help affordable hous… Email: yaquino@sbcglobal.net 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	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	Camron	Noorbakhsh	N/A	Dear Director Melvin Watt, Alfred Pollard, and others at the FHFA, I a… Email: N/A 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
12/22/14	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	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	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	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	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	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	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	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
12/14/14	Kim	Brown	N/A	See attached comment. Email: N/A Attachment: View Attachment