Federal Housing Enterprises Financial Safety and Soundness Act of 1992
E65831
The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 is a U.S. law that established a regulatory framework and oversight standards for government-sponsored housing enterprises such as Fannie Mae and Freddie Mac to ensure their financial safety and stability.
Statements (45)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal statute
→
housing finance law → |
| aimsTo |
ensure that housing GSEs operate in a safe and sound manner
→
limit systemic risk posed by housing government-sponsored enterprises → protect the financial stability of the housing finance system → |
| appliesTo |
Federal Home Loan Bank System
→
Federal Home Loan Mortgage Corporation → Federal National Mortgage Association → |
| containsProvisionsOn |
enforcement actions against housing GSEs
→
minimum capital requirements for housing GSEs → regulatory examinations of housing GSEs → reporting and disclosure requirements for housing GSEs → risk-based capital standards for housing GSEs → |
| country |
United States
→
|
| created |
Office of Federal Housing Enterprise Oversight
→
|
| enactedBy |
United States Congress
→
|
| established |
a regulatory framework for government-sponsored housing enterprises
→
capital standards for Fannie Mae and Freddie Mac → enforcement powers for the housing GSE regulator → examination and supervisory authority over housing GSEs → safety and soundness standards for housing GSEs → |
| field |
banking and housing supervision
→
financial regulation → |
| hasEffectOn |
capital adequacy of Fannie Mae and Freddie Mac
→
federal oversight of the secondary mortgage market → risk management practices of housing GSEs → |
| jurisdiction |
United States federal government
→
|
| legalForm |
public law
→
|
| purpose |
to enhance oversight of government-sponsored enterprises in the housing finance system
→
to ensure the financial safety and soundness of government-sponsored housing enterprises → to establish a regulatory framework for Fannie Mae and Freddie Mac → |
| regulates |
Fannie Mae
→
Federal Home Loan Banks → Freddie Mac → |
| relatedTo |
Fannie Mae regulation
→
Federal Home Loan Bank regulation → Freddie Mac regulation → United States housing policy → government-sponsored enterprise oversight → |
| sector |
housing finance
→
secondary mortgage market → |
| signedBy |
George H. W. Bush
→
|
| subjectOf |
federal housing finance regulation
→
|
| typeOfRegulation |
prudential regulation
→
|
| yearEnacted |
1992
→
|
Referenced by (2)
| Subject (surface form when different) | Predicate |
|---|---|
|
Housing and Economic Recovery Act of 2008
→
Public Law 110-289 → |
amends |