(RECAP: The FHFA will determine whether Fannie Mae and/or Freddie Mac should begin making contributions to the Housing Trust Fund by the end of the calendar year, FHFA Director Mel Watt told the Senate Banking Committee on Wednesday. Watt addressed the Committee during its hearing on “The Federal Housing Finance Agency: Balancing Stability, Growth, and Affordability in the Mortgage Market.”
 
At the hearing, Senator Jack Reed (D-RI) urged Watt to require Fannie Mae and Freddie Mac to begin making contributions to the Trust Fund. Previous Acting-FHFA Director Ed DeMarco suspended the payments — before the first ones had been made — after FHFA took both firms into conservatorship.)