United States Code Title 12 — Banks and Banking

§ 4518a. Limitation on bonuses to executives of Fannie Mae and Freddie Mac

§ 4518a.

Limitation on bonuses to executives of Fannie Mae and Freddie Mac

Notwithstanding any other provision in law, senior executives at the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation are prohibited from receiving bonuses during any period of conservatorship for those entities on or after April 4, 2012.