2010-2011 Enterprise Housing Goals - Enterprise Book-entry Procedures (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition)

2010-2011 Enterprise Housing Goals - Enterprise Book-entry Procedures (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition)

by The Law Library

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Overview

2010-2011 Enterprise Housing Goals - Enterprise Book-entry Procedures (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition)
The Law Library presents the complete text of the 2010-2011 Enterprise Housing Goals - Enterprise Book-entry Procedures (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition).
Updated as of May 29, 2018

Section 1128(b) 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 provide for the establishment, monitoring and enforcement of new housing goals effective for 2010 and 2011 for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (collectively, the Enterprises). Section 1332(a) of the Safety and Soundness Act, as amended by HERA, requires the Federal Housing Finance Agency (FHFA) to establish three single-family owner-occupied purchase money mortgage goals and one single-family refinancing mortgage goal. Section 1333(a) of the Safety and Soundness Act requires FHFA to establish one multifamily special affordable housing goal, as well as providing for a multifamily special affordable housing subgoal. This final rule establishes new housing goals for 2010 and 2011, consistent with the Safety and Soundness Act, as amended. The final rule also revises and updates the rules for counting mortgages for purposes of the housing goals to ensure clarity and consistency with the new goals. In addition, the final rule includes provisions regarding reporting requirements and book-entry procedures.

This book contains:
- The complete text of the 2010-2011 Enterprise Housing Goals - Enterprise Book-entry Procedures (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition)
- A table of contents with the page number of each section

Product Details

ISBN-13: 9781727232080
Publisher: CreateSpace Publishing
Publication date: 09/10/2018
Pages: 84
Product dimensions: 7.00(w) x 10.00(h) x 0.17(d)

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