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- S.1963
S.1963: Mortgage Finance Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about housing and community development
- Introduced Dec. 8, 2011
- Latest Major Action Dec. 16, 2011
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (3 Democrats, 1 Republican)
Bill Summary
Mortgage Finance Act of 2011 - Appoints the Federal Housing Finance Agency (FHFA) receiver of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises or GSEs) and places them into irrevocable receivership, effective on the date on which the Mortgage Finance Agency (MFA) established by this Act is operational and able to perform the guarantee function...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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Sponsor introductory remarks on measure.
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| Dec. 8, 2011 |
Introduced in the Senate by Johnny Isakson (R-Ga.) |