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eBook details

• Title: Federal Home Loan Bank Housing Goals (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition)
• Author : The Law Library
• Release Date : January 06, 2018
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 178 KB

Description

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 ebook contains:
- The complete text of the Federal Home Loan Bank Housing Goals (US Federal Housing Finance Agency Regulation) (FHFA) (2018 Edition)
- A dynamic table of content linking to each section
- A table of contents in introduction presenting a general overview of the structure

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