The Department of Housing and Urban Development recently submitted to the Office of Management and Budget a draft final rule that would determine how the controversial national Housing Trust Fund would work. It remains highly uncertain that the trust fund will ever get any money; one potential source is annual contributions by Fannie Mae and Freddie Mac. The Federal Housing Finance Agency under former Acting Director Ed DeMarco determined that the government-sponsored enterprises would not contribute to the fund, but housing advocates and Democrats on Capitol Hill have called for that decision to be reversed. In its annual strategic plan released earlier this year, the FHFA said...