Fannie Mae-No Politics (FNMA)

[clarencebeaks21]

Robert, yes, HERA did include language to that effect in its section 1106(f)(2) “Assessments,” which amended the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C. 4516), section 1316.

‘‘(f) TREATMENT OF ASSESSMENTS.—

(…)

‘‘(2) NOT GOVERNMENT FUNDS.—The amounts received by the Director from any assessment under this section shall not be construed to be Government or public funds or appropriated money.”