Watt: “Financial Operations Of FNMA Have Stabilized To A Sufficie...
In 2008 HERA created the Housing Trust but also allowed for the suspensions of payments to it from the GSE’s via edict from FHFA under the following conditions: HERA authorizes the Director of the Federal Housing Finance Agency (FHFA) to suspend these allocations temporarily upon a finding by the Director that such allocations (1) are…