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HERA was enacted in 2008, and it established FHFA-OIG and FHFA, which oversees the GSEs’ operations. HERA also expanded Treasury’s authority to provide financial support to the GSEs.
- Browse Related Terms: American Recovery and Reinvestment Act of 2009, Conservatorship, Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act), Emergency Economic Stabilization Act (EESA), Garn-St. Germain Depository Institutions Act, Housing and Economic Recovery Act (HERA), Inspector General Act, Inspector General Reform Act, Interest Rate Risk