Emergency Home Finance Act of 1970

E335785

The Emergency Home Finance Act of 1970 is a U.S. federal law that restructured the housing finance system and established Freddie Mac to expand the secondary mortgage market and support homeownership.

All labels observed (1)

Label Occurrences
Emergency Home Finance Act of 1970 canonical 1

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf United States federal statute ⓘ
housing finance law ⓘ
affects Fannie Mae ⓘ
Federal Home Loan Bank System ⓘ
Federal National Mortgage Association ⓘ
linked to: Fannie Mae
aimsTo encourage mortgage lending ⓘ
increase liquidity in mortgage markets ⓘ
stabilize the housing market ⓘ
appliesTo United States housing market ⓘ
country United States ⓘ
creates Federal Home Loan Mortgage Corporation ⓘ
Freddie Mac ⓘ
enables issuance of mortgage-backed securities by Freddie Mac ⓘ
enactedBy 91st United States Congress ⓘ
hasComponent provisions on federal home loan banks ⓘ
provisions on mortgage-backed securities ⓘ
provisions on secondary market operations ⓘ
impact expanded role of government-sponsored enterprises in housing finance ⓘ
growth of secondary mortgage market ⓘ
increased standardization of mortgage instruments ⓘ
implementedBy Department of Housing and Urban Development ⓘ
Federal Home Loan Bank Board ⓘ
jurisdiction United States federal government ⓘ
language English ⓘ
legalForm public law ⓘ
policyArea economic policy ⓘ
financial regulation ⓘ
housing policy ⓘ
purpose to expand the secondary mortgage market ⓘ
to restructure the U.S. housing finance system ⓘ
to support homeownership ⓘ
regulates federal home loan banks ⓘ
savings and loan associations ⓘ
relatedTo Federal Home Loan Bank Act ⓘ
Housing and Urban Development Act of 1968 ⓘ
National Housing Act ⓘ
sector banking ⓘ
housing ⓘ
real estate ⓘ
signedBy Richard Nixon ⓘ
startYear 1970 ⓘ
subject housing finance ⓘ
mortgage finance ⓘ
secondary mortgage market ⓘ
timePeriod 20th century ⓘ

How these facts were elicited

Referenced by (1)

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

Freddie Mac → createdByAct → Emergency Home Finance Act of 1970 ⓘ