S.495: Mortgage Finance Act of 2015

About This Bill

Bill Summary

Mortgage Finance Act of 2015 Appoints the Federal Housing Finance Agency (FHFA) receiver of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises or GSEs) and places them into irrevocable receivership, effective on the date on which the Mortgage Finance Agency (MFA) established by this Act is operational and able to perform the guarantee function...

(Source: Library of Congress)

Bill Actions

Date Description
Feb. 12, 2015
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb. 12, 2015

Introduced in the Senate by Johnny Isakson (R-Ga.)

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