HERA

E65990
United States federal law housing finance legislation

HERA is a 2008 U.S. federal law enacted in response to the subprime mortgage crisis to stabilize the housing market, reform mortgage regulation, and support troubled homeowners and financial institutions.

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Statements (40)

Predicate Object
instanceOf United States federal law ⓘ
housing finance legislation ⓘ
abbreviation HERA self-link ⓘ
aimedAt preventing foreclosures ⓘ
restoring confidence in mortgage-backed securities markets ⓘ
containsProvision authority to place Fannie Mae and Freddie Mac into conservatorship ⓘ
housing assistance and community development funding ⓘ
strengthened oversight of government-sponsored enterprises ⓘ
support for refinancing distressed mortgages ⓘ
country United States of America ⓘ
surface form: United States
createdAgency Federal Housing Finance Agency ⓘ
enactedInResponseTo 2007–2008 financial crisis ⓘ
subprime mortgage crisis ⓘ
enactedInYear 2008 ⓘ
fullName Housing and Economic Recovery Act of 2008 ⓘ
jurisdiction United States government ⓘ
surface form: United States federal government
legalStatus in force ⓘ
legislativeBody United States Congress ⓘ
policyArea consumer protection in mortgage lending ⓘ
financial stability policy ⓘ
housing policy ⓘ
primaryGoal reform mortgage regulation ⓘ
stabilize the U.S. housing market ⓘ
support financial institutions ⓘ
support troubled homeowners ⓘ
publicLawNumber Public Law 110-289 ⓘ
regulates Fannie Mae ⓘ
Federal Home Loan Bank System ⓘ
surface form: Federal Home Loan Banks

Federal Home Loan Mortgage Corporation ⓘ
surface form: Freddie Mac
sectorImpacted U.S. housing market ⓘ
financial institutions ⓘ
mortgage lending industry ⓘ
signedBy George W. Bush ⓘ
signedIntoLawOn 2008-07-30 ⓘ
subjectMatter financial regulation ⓘ
housing finance ⓘ
mortgage markets ⓘ
timePeriod post-2007 housing crisis era ⓘ
title Housing and Economic Recovery Act of 2008 ⓘ
surface form: Housing and Economic Recovery Act
typeOfMeasure economic recovery legislation ⓘ

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

HERA → abbreviation → HERA self-link ⓘ