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Housing Trust Fund

Publication Details
Type
Interim Final Rule
Document Number
2014–29345
Federal Register Publish Date
12/16/2014
Federal Register Citation
79 FR 74595
PDF Format
Comment Open Date
12/16/2014
Comment End Date
01/15/2015
Comment Status
Closed
Effective Date
12/16/2014
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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.​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
CSV
Date First Name Last Name Organization Comment
Ron Haynie Independent Community Bankers of America (ICBA) See attached letter.View Comment Email: info@icba.org
Attachment: View Attachment
Alan Heaney N/A Let the GSEs recapitalize by issuing twice as much stock as they have…View Comment
Email: N/A
Attachment: N/A
Daniel Tschopp N/A I commend the work that he FHFA has done to help stabilize the mortgag…View Comment
Email: N/A
Attachment: N/A
Mark Pinsky Opportunity Finance Network View Comment Email: N/A
Attachment: View Attachment
Jordan Mohr N/A Amazing how you can begin funding this now that you are "sound and sol…View Comment
Email: N/A
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Garrett D'Angelo N/A Lawless and amoral actions by the Fhfa to fund projects like this whil…View Comment
Email: N/A
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Naseer Sheikh N/A Please release FNMA and FMCC to private shareholder. This unfair priv…View Comment
Email: afshanaseer@yahoo.com
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Bijan Arjomandy N/A The fact that these two entities (Fannie and Freddie) have been able…View Comment
Email: N/A
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Frank Fosco N/A I am a shareholder in Fannie and Freddie and are please to see part of…View Comment
Email: N/A
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J Carney N/A I would like to congratulate you on a step in the right direction. Th…View Comment
Email: N/A
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john myers N/A I'm sincerely puzzled how the housing trust fund can be funded while t…View Comment
Email: invmyers@hotmail.com
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Nick Marlow N/A Director Mel Watt, I would like to commend you on the decision to fund…View Comment
Email: N/A
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bob grace N/A By putting money back into the housing trust fund, this is another exa…View Comment
Email: N/A
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Curtis Voltz N/A How can the GSE's be compelled to give company funds to low income hou…View Comment
Email: N/A
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Jeanette Morgan Ray N/A I would like to express my appreciation for your decision to add monie…View Comment
Email: jfmorganp@yahoo.com
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Michael Smallwood N/A Thank you for Funding the Housing Trust Fund. Fannie Mae and Freddie M…View Comment
Email: N/A
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ely levy N/A GSEs are a role model for the world in terms of liquidity for the hous…View Comment
Email: N/A
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Desmond Janousek N/A I believe this is a big mistake if Fannie Mae and Freddie Mac are not…View Comment
Email: desmond4121@hotmail.com
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B S N/A We all commend and thank FHFA and Director Mel Watt for listening to m…View Comment
Email: N/A
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White Corona N/A Fannie and Freddie have paid over all bail out with interest. C-ship s…View Comment
Email: N/A
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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
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Brian Linse N/A As a service provider for the construction industry, U.S. citizen, emp…View Comment
Email: N/A
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John Watt N/A The housing trust fund is in violation of conservatorship and opposite…View Comment
Email: N/A
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Upendra Kulkarni N/A Dear Sir/Madam, One of the main duties and responsibility of the Conse…View Comment
Email: upendrak@yahoo.com
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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