Memo to Members and Partners Articles
At the Senate Appropriations Subcommittee on Transportation, Housing and Urban Development, and Related Agencies (THUD) hearing on March 10 (see article below), HUD Secretary Julián Castro discussed the schedule for distribution of the NHTF. In response to a question from Senator Brian Schatz (D-HI…
Based on their annual 10K reports filed with the Securities and Exchange Commission during the week of February 15, Fannie Mae and Freddie Mac together will transfer $186.6 million to the Federal Treasury for the National Housing Trust Fund (NHTF). The Federal Housing Finance Agency will determine…
Speaking at the Bipartisan Policy Center on February 18, Federal Housing Finance Agency Director Mel Watt again urged Congress to pass meaningful housing finance reform to end the uncertainty surrounding the secondary market mortgage giants, Fannie Mae and Freddie Mac.
Mr. Watt cautioned…
The FY17 budget proposed by President Barack Obama cites $182 million as the amount that Fannie Mae and Freddie Mac will provide for the National Housing Trust Fund (NHTF) in 2016. This is substantially more than the $120 million that was estimated in the FY16 budget, but less than the unofficial…