Specifically, FIRREA enforced one or two financial obligations toward System: (1) a duty and come up with $three hundred billion within the yearly attract repayments for the Solution Resource Business (REFCorp) securities, which have been provided to simply help handle new offers and you may mortgage fiasco; and you can (2) the Reasonable Houses Program, lower than that your Program have to subscribe reasonable property jobs new deeper regarding 10 percent of their net gain otherwise $a hundred mil.
