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- H.R.5153
H.R.5153: Conforming Loan Limit Temporary Adjustment Act of 2008
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about economics and public finance
- Introduced Jan. 29, 2008
- Latest Major Action Jan. 29, 2008
Bill Sponsor
Bill Summary
Conforming Loan Limit Temporary Adjustment Act of 2008 - Increases the maximum original principal obligation of certain mortgages originated between July 1, 2007, and December 31, 2008, that may be purchased by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation Association (Freddie Mac). Allows a loan whose principal amount is 125% of the area median price for a residence of applicable size,...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
| Jan. 29, 2008 |
Introduced in the House by Paul E. Kanjorski (D-Pa.) |