(1) the new Federal national mortgage association therefore the Federal Financial Home loan Company (regarded in this area with each other as enterprises), therefore the Federal Financial Financial institutions (described within this area because the Banks), features crucial personal objectives that will be mirrored in the rules and you can constitution Acts setting up financial institutions together with enterprises;
(2) as the went on ability of the Fannie mae and you will the Government Financial Mortgage Enterprise to do the personal missions is important so you can taking property in the us in addition to fitness of your Nation’s benefit, better Government regulation is required to reduce the chance of inability of your own organizations;
(3) as a result of the most recent functioning measures of your Federal national mortgage association, the fresh new Government Financial Home loan Corporation, together with Federal Financial Finance companies, this new enterprises plus the Banks currently angle low financial danger of insolvency;
(4) none the organizations nor financial institutions, nor any ties or financial obligation issued of the organizations or the Financial institutions, try supported by a full believe and you may credit of your United States;
(5) an organization managing this new Fannie mae as well as the Federal Financial Home loan Enterprise need enough freedom from the companies and you can special interest teams;
(6) an organization controlling instance people should have the ability to introduce money standards, require economic disclosure, prescribe adequate criteria to possess instructions and you may facts and other internal control, carry out assessments when needed, and you can enforce compliance on requirements and you can legislation this sets;
