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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 Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.​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
Ramadan Greva N/A Dear Honorable Director Watt, The head of the Senate Banking Committee…View Comment
Email: rgreva@hotmail.com
Attachment: N/A
jose gentil N/A GOV SHOULD RELEASE FREDDY AND FANNY BEFORE THEY WILL BE FORCE TO OTHER…View Comment
Email: jgentil169@hotmail.com
Attachment: N/A
Fred Porteous N/A I would rather see money going to the affordable housing trust funds t…View Comment
Email: digger1060@sbcglobal.net
Attachment: N/A
david goldberg N/A Funding the house trust fund is an admirable thing to do,as it goes to…View Comment
Email: N/A
Attachment: N/A
Jeff Schoen N/A Please suspend funding the housing trust fund until Freddie and Fanni…View Comment
Email: N/A
Attachment: N/A
Andy Aquino N/A I support FNF to support housing trust fund to help affordable hous…View Comment
Email: yaquino@sbcglobal.net
Attachment: N/A
Kenneth Klempner N/A I feel contributions to the Housing Trust and Capital Magnet Funds is…View Comment
Email: lklempner@msn.com
Attachment: N/A
Christa Hess N/A Please release FNMA/FMCC. Both GSE's should be relisted and start to b…View Comment
Email: christalhess@yahoo.com
Attachment: N/A
Jack Daniels III N/A I encourage the FHFA to release and regulate the gse's. The reasons fo…View Comment
Email: N/A
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Andy Lowy N/A Really? Fannie and Freddie are funneling billions of dollars, 100% of…View Comment
Email: andyplowy@hotmail.com
Attachment: N/A
Elizabeth Cannon N/A Although FNF supporting the affordable housing trust fund is admirable…View Comment
Email: bethphx1@cox.net
Attachment: N/A
Camron Noorbakhsh N/A Dear Director Melvin Watt, Alfred Pollard, and others at the FHFA, I a…View Comment
Email: N/A
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
Fred Porteous N/A I would rather see funds going to affordable housing than being sent i…View Comment
Email: digger1060@sbcglobal.net
Attachment: N/A
Jack Jones N/A Hello - Supporting affordable housing through contributions to the Hou…View Comment
Email: N/A
Attachment: N/A
Owen Matte N/A The FHFA has this backwards. First the GSEs must build up capital to p…View Comment
Email: N/A
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Andrew Tomlinson N/A While I am excited to see the GSE's support affordable housing finance…View Comment
Email: N/A
Attachment: N/A
Michael Montague N/A The Facts are that over 25% of funds have been used to buy big bank fo…View Comment
Email: mvmontague@gmail.com
Attachment: N/A
Joseph Slechta N/A Funding the housing trust fund is a very worthwhile cause. So is the f…View Comment
Email: slechtajoseph@yahoo.com
Attachment: N/A
Chris Roberts N/A FHFA should not support the Housing Fund(s) while in Conservatorship.…View Comment
Email: chrisanja@yahoo.com
Attachment: N/A
Angella Zieba N/A Dear Mr Pollard; I am one of many individuals who are going to flood y…View Comment
Email: angel@zieba.org
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Trish Graves N/A How can money from FNMA and FMCC be taken out to fund these programs w…View Comment
Email: ratishasue@sbcglobal.net
Attachment: N/A
John Gower N/A Neither Fannie nor Freddie should be required to pay into these funds…View Comment
Email: N/A
Attachment: N/A
Robert Hess N/A This is a very good thing if you are starting to fund the Affordable h…View Comment
Email: officerhess4@gmail.com
Attachment: N/A
Kim Brown N/A See attached comment.View Comment Email: N/A
Attachment: View Attachment