Enterprise Duty to Serve Underserved Markets (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition)

Enterprise Duty to Serve Underserved Markets (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition) PDF Author: The Law The Law Library
Publisher: Createspace Independent Publishing Platform
ISBN: 9781727303322
Category :
Languages : en
Pages : 128

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Book Description
Enterprise Duty to Serve Underserved Markets (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) The Law Library presents the complete text of the Enterprise Duty to Serve Underserved Markets (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition). Updated as of May 29, 2018 The Housing and Economic Recovery Act of 2008 (HERA) amended the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (Safety and Soundness Act) to establish a duty for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, the Enterprises) to serve three specified underserved markets-manufactured housing, affordable housing preservation, and rural markets-in order to increase the liquidity of mortgage investments and improve the distribution of investment capital available for mortgage financing for very low-, low-, and moderate-income families in those markets. The Federal Housing Finance Agency (FHFA) is issuing this final rule which specifies the scope of Enterprise activities that are eligible to receive Duty to Serve credit. These activities generally are those that facilitate a secondary market for mortgages related to: Manufactured homes titled as real property or personal property; blanket loans for certain categories of manufactured housing communities; preserving the affordability of housing for renters and homebuyers; and housing in rural markets. The final rule provides a framework for FHFA's method for evaluating and rating the Enterprises' compliance with the Duty to Serve each underserved market. This book contains: - The complete text of the Enterprise Duty to Serve Underserved Markets (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) - A table of contents with the page number of each section

Enterprise Duty to Serve Underserved Markets (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition)

Enterprise Duty to Serve Underserved Markets (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition) PDF Author: The Law The Law Library
Publisher: Createspace Independent Publishing Platform
ISBN: 9781727303322
Category :
Languages : en
Pages : 128

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Book Description
Enterprise Duty to Serve Underserved Markets (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) The Law Library presents the complete text of the Enterprise Duty to Serve Underserved Markets (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition). Updated as of May 29, 2018 The Housing and Economic Recovery Act of 2008 (HERA) amended the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (Safety and Soundness Act) to establish a duty for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, the Enterprises) to serve three specified underserved markets-manufactured housing, affordable housing preservation, and rural markets-in order to increase the liquidity of mortgage investments and improve the distribution of investment capital available for mortgage financing for very low-, low-, and moderate-income families in those markets. The Federal Housing Finance Agency (FHFA) is issuing this final rule which specifies the scope of Enterprise activities that are eligible to receive Duty to Serve credit. These activities generally are those that facilitate a secondary market for mortgages related to: Manufactured homes titled as real property or personal property; blanket loans for certain categories of manufactured housing communities; preserving the affordability of housing for renters and homebuyers; and housing in rural markets. The final rule provides a framework for FHFA's method for evaluating and rating the Enterprises' compliance with the Duty to Serve each underserved market. This book contains: - The complete text of the Enterprise Duty to Serve Underserved Markets (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) - A table of contents with the page number of each section

2015-2017 Enterprise Housing Goals (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition)

2015-2017 Enterprise Housing Goals (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition) PDF Author: The Law Library
Publisher: Createspace Independent Publishing Platform
ISBN: 9781727232295
Category :
Languages : en
Pages : 88

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Book Description
2015-2017 Enterprise Housing Goals (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) The Law Library presents the complete text of the 2015-2017 Enterprise Housing Goals (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition). Updated as of May 29, 2018 The Federal Housing Finance Agency (FHFA) is issuing a final rule regarding the housing goals for Fannie Mae and Freddie Mac (the Enterprises) for 2015 through 2017. The Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended (the Safety and Soundness Act), requires FHFA to establish annual housing goals for mortgages purchased by the Enterprises. The housing goals include separate categories for single-family and multifamily mortgages on housing that is affordable to low-income and very low-income families, among other categories. This book contains: - The complete text of the 2015-2017 Enterprise Housing Goals (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) - A table of contents with the page number of each section

2012-2014 Enterprise Housing Goals (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition)

2012-2014 Enterprise Housing Goals (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition) PDF Author: The Law Library
Publisher: Createspace Independent Publishing Platform
ISBN: 9781727232226
Category :
Languages : en
Pages : 40

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Book Description
2012-2014 Enterprise Housing Goals (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) The Law Library presents the complete text of the 2012-2014 Enterprise Housing Goals (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition). Updated as of May 29, 2018 The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (Safety and Soundness Act) requires the Federal Housing Finance Agency (FHFA) to establish annual housing goals for mortgages purchased by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, the Enterprises). FHFA previously established housing goals for the Enterprises through 2011. This final rule establishes new levels for the housing goals for 2012 through 2014, consistent with the requirements of the Safety and Soundness Act. This book contains: - The complete text of the 2012-2014 Enterprise Housing Goals (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) - A table of contents with the page number of each section

Prudential Management and Operations Standards (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition)

Prudential Management and Operations Standards (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition) PDF Author: The Law The Law Library
Publisher: Createspace Independent Publishing Platform
ISBN: 9781727542608
Category :
Languages : en
Pages : 38

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Book Description
Prudential Management and Operations Standards (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) The Law Library presents the complete text of the Prudential Management and Operations Standards (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition). Updated as of May 29, 2018 Section 1108 of the Housing and Economic Recovery Act of 2008 (HERA) amended the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (Safety and Soundness Act) to require the Federal Housing Finance Agency (FHFA) to establish prudential standards (Standards) relating to the management and operations of the Federal National Mortgage Association (Fannie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac), and Federal Home Loan Banks (Banks) (collectively, regulated entities). This final rule implements those HERA amendments by providing for the establishment of the Standards in the form of guidelines, which initially are set out in an appendix to the rule. The final rule includes other provisions relating to the possible consequences for a regulated entity that fails to operate in accordance with the Standards. This book contains: - The complete text of the Prudential Management and Operations Standards (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) - A table of contents with the page number of each section

Rules of Practice and Procedure (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition)

Rules of Practice and Procedure (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition) PDF Author: The Law The Law Library
Publisher: Createspace Independent Publishing Platform
ISBN: 9781727553796
Category :
Languages : en
Pages : 78

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Book Description
Rules of Practice and Procedure (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) The Law Library presents the complete text of the Rules of Practice and Procedure (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition). Updated as of May 29, 2018 The Federal Housing Finance Agency (FHFA) is adopting a final rule to implement the Housing and Economic Recovery Act of 2008 (HERA) amendments to the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (Safety and Soundness Act) and the Federal Home Loan Bank Act (Bank Act) governing civil administrative enforcement actions by FHFA, under which FHFA's authority was consolidated to initiate enforcement proceedings against the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (together, the Enterprises), the Federal Home Loan Banks (the Banks) (collectively, the regulated entities), and their entity-affiliated parties. This rule removes the existing Rules of Practice and Procedure of the Federal Housing Finance Board (Finance Board) and the Office of Federal Housing Enterprise Oversight (OFHEO), and establishes new FHFA regulations. This book contains: - The complete text of the Rules of Practice and Procedure (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) - A table of contents with the page number of each section

Federal Home Loan Bank Housing Goals (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition)

Federal Home Loan Bank Housing Goals (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition) PDF Author: The Law The Law Library
Publisher: Createspace Independent Publishing Platform
ISBN: 9781727339918
Category :
Languages : en
Pages : 44

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Book Description
Federal Home Loan Bank Housing Goals (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) The Law Library presents the complete text of the Federal Home Loan Bank Housing Goals (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition). Updated as of May 29, 2018 Section 1205 of the Housing and Economic Recovery Act of 2008 (HERA) amended the Federal Home Loan Bank Act (Bank Act) by adding a new section 10C(a) that requires the Director of the Federal Housing Finance Agency (FHFA) to establish housing goals with respect to the Federal Home Loan Banks' (Banks) purchase of mortgages, if any. Section 10C(b) provides that the Banks' housing goals are to be consistent with the housing goals established by FHFA for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, the Enterprises) under sections 1331 through 1334 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (Safety and Soundness Act), as amended by HERA, taking into consideration the unique mission and ownership structure of the Banks. This book contains: - The complete text of the Federal Home Loan Bank Housing Goals (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) - A table of contents with the page number of each section

Minority and Women Inclusion (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition)

Minority and Women Inclusion (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition) PDF Author: The Law The Law Library
Publisher: Createspace Independent Publishing Platform
ISBN: 9781727527377
Category :
Languages : en
Pages : 38

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Book Description
Minority and Women Inclusion (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) The Law Library presents the complete text of the Minority and Women Inclusion (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition). Updated as of May 29, 2018 The Federal Housing Finance Agency (FHFA or agency) is adopting a final rule to implement section 1116 of the Housing and Economic Recovery Act of 2008 (HERA). Section 1116 of HERA requires FHFA, the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the Federal Home Loan Banks (Banks) to promote diversity and the inclusion of women and minorities in all activities. The final rule implements the provisions of section 1116 of HERA that apply to Fannie Mae, Freddie Mac, and the Banks. This book contains: - The complete text of the Minority and Women Inclusion (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) - A table of contents with the page number of each section

Minority and Women Inclusion Amendments (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition)

Minority and Women Inclusion Amendments (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition) PDF Author: The Law The Law Library
Publisher: Createspace Independent Publishing Platform
ISBN: 9781727527483
Category :
Languages : en
Pages : 38

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Book Description
Minority and Women Inclusion Amendments (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) The Law Library presents the complete text of the Minority and Women Inclusion Amendments (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition). Updated as of May 29, 2018 The Housing and Economic Recovery Act of 2008 (HERA) amended the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (Safety and Soundness Act) to require the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) (together, the Enterprises), and the Federal Home Loan Banks (Banks or Bank System) and the Bank System's Office of Finance (collectively, the regulated entities) to promote diversity and ensure the inclusion of minorities and women in all business and activities at all levels, including management, employment, and contracting. The Federal Housing Finance Agency (FHFA) is issuing this final rule amending its regulations on minority and women inclusion (MWI) to clarify the scope of the regulated entities' obligation. The final rule requires the regulated entities to: Adopt strategic plans to promote the inclusion of minorities-, women-, and disabled individuals, and the businesses they own (MWDOB); amend their policies on equal employment opportunity (EEO) to include sexual orientation, gender identity, and status as a parent; and enhance the usefulness of information the regulated entities report to FHFA on their efforts to advance diversity and inclusion (D&I). This book contains: - The complete text of the Minority and Women Inclusion Amendments (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) - A table of contents with the page number of each section

Information Sharing Among Federal Home Loan Banks (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition)

Information Sharing Among Federal Home Loan Banks (Us Federal Housing Finance Agency Regulation) (Fhfa) (2018 Edition) PDF Author: The Law The Law Library
Publisher: Createspace Independent Publishing Platform
ISBN: 9781727364545
Category :
Languages : en
Pages : 28

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Book Description
Information Sharing Among Federal Home Loan Banks (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) The Law Library presents the complete text of the Information Sharing Among Federal Home Loan Banks (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition). Updated as of May 29, 2018 Section 1207 of the Housing and Economic Recovery Act of 2008 (HERA) amended the Federal Home Loan Bank Act (Bank Act) to add a new section 20A, which requires the Federal Housing Finance Agency (FHFA) to make available to each Federal Home Loan Bank (Bank) information relating to the financial condition of all other Banks. Section 20A also requires FHFA to promulgate regulations to facilitate the sharing of such information among the Banks. This final rule implements the provisions of section 20A of the Bank Act. This book contains: - The complete text of the Information Sharing Among Federal Home Loan Banks (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition) - A table of contents with the page number of each section

Fannie Mae and Freddie Mac

Fannie Mae and Freddie Mac PDF Author: Gene L. Dodaro
Publisher: DIANE Publishing
ISBN: 1437922120
Category : Law
Languages : en
Pages : 73

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Book Description
Congress estab. Fannie Mae and Freddie Mac (the enterprises) with 2 key housing missions: (1) provide stability in the secondary market for residential mortgages; and (2) serve the mortgage credit needs of targeted groups such as low-income borrowers. To accomplish these goals, the enterprises issued debt and stock, and purchased mortgages from lenders with the proceeds. On Sept. 6, 2008, the Fed. Housing Finance Agency placed the enterprises into conservatorship out of concern that their deteriorating financial condition would destabilize the financial system. This report discusses the enterprises' performance in meeting mission requirements, identifies and analyzes options to revise their structures, and discusses key transition issues. Illus.