S.1834: Residential Mortgage Market Privatization and Standardization Act of 2011

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about housing and community development
  • Introduced Nov. 9, 2011
  • Latest Major Action Nov. 15, 2011

Bill Sponsor

Bill Cosponsor

Bill Summary

Residential Mortgage Market Privatization and Standardization Act of 2011 - Amends the National Housing Act and the Federal Home Loan Mortgage Corporation Act to require the Director of the Federal Housing Finance Agency (FHFA) to begin reducing by at least 10% per year the percentage of the value of a trust certificate or other security that may be guaranteed by the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 112-408.
Nov. 9, 2011

Introduced in the Senate by Bob Corker (R-Tenn.)

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