H.R.4135: Family Foreclosure Rescue Corporation Act

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Bill Summary

Family Foreclosure Rescue Corporation Act - Instructs the Secretary of the Treasury to establish the Family Foreclosure Rescue Corporation to acquire, via the sale of bonds, home mortgages and other obligations and liens secured by real estate which are currently in default or at foreseeable risk of default.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Nov. 9, 2007

Introduced in the House by Joe Baca (D-Calif.)

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