Memo to Members and Partners Articles
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…
The annual budget prepared by the Office of Management and Budget includes a report on the estimated cost of tax expenditures for the immediate past year and ten years going forward. Federal law defines tax expenditures as “revenue losses attributable to provisions of the Federal tax laws which…