Particularly, FIRREA enforced a few obligations for the Program: (1) a duty and also make $3 hundred mil for the annual focus payments toward Resolution Financing Enterprise (REFCorp) ties, that have been provided to assist resolve brand new offers and you will loan debacle; and you may (2) new Reasonable Houses System, lower than that your System need to subscribe to affordable houses operate the fresh better out-of 10 percent of their net income or $100 billion. Read More >