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Housing and Economic Recovery Act of 2008The Housing and Economic Recovery Act of 2008 is a U.S. federal law that was designed primarily to address the subprime mortgage crisis of the 2008. It is commonly referred to as the HERA. The legisla [..]
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Housing and Economic Recovery Act of 2008The Act gave FHFA the authorities necessary to oversee vital components of our country's secondary mortgage markets – Fannie Mae, Freddie Mac, and the Federal Home Loan Banks.
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