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- H.R.3838
H.R.3838: To temporarily increase the portfolio caps applicable to Freddie Mac and Fannie Mae, to provide the necessary financing to curb foreclosures by facilitating the refinancing of at-risk subprime borrowers into safe, affordable loans, and for other purposes.
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about law
- Introduced Oct. 16, 2007
- Latest Major Action Oct. 16, 2007
Bill Sponsor
Bill Summary
Requires the Director of the Office of Federal Housing Enterprise Oversight (OFHEO) of the Department of Housing and Urban Development to terminate, suspend, modify, or otherwise lift: (1) the limitation on growth provision set forth in the Fannie Mae Consent Decree (the OFHEO order dated May 23, 2006, in the matter of the Federal National Mortgage Association (Fannie Mae)); and (2) the voluntary temporary growth limitation described in the...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
| Oct. 16, 2007 |
Introduced in the House by Barney Frank (D-Mass.) |