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- H.R.472
H.R.472: Family Foreclosure Rescue Corporation Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about housing and community development
- Introduced Jan. 13, 2009
- Latest Major Action Jan. 13, 2009
Bill Sponsor
Bill Summary
Family Foreclosure Rescue Corporation Act of 2009 - Amends the Emergency Economic Stabilization Act of 2008 (EESA) to authorize the Secretary of the Treasury to establish: (1) a Family Foreclosure Rescue Corporation (FFRC) to purchase home mortgage loans from any financial institution; and (2) a program to guarantee home mortgages. Establishes a Home Mortgage Insurance Financing Fund within the FFRC and a FFRC Oversight Board. Requires the...
(Source: Library of Congress)
Bill Actions
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Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Referred to House Financial Services
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Referred to House Ways and Means
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| Jan. 13, 2009 |
Introduced in the House by Joe Baca (D-Calif.) |