S.1375: Rebuilding Equity Act of 2013

About This Bill

Bill Summary

Rebuilding Equity Act of 2013 - Directs the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises or GSEs) to each establish a voluntary program for eligible borrowers under which the GSE shall pay $1,000 toward the closing costs associated with applying for and receiving the refinancing when the borrower agrees to refinance into a fully amoritizing...

(Source: Library of Congress)

Bill Actions

Date Description
July 25, 2013
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
July 25, 2013

Introduced in the Senate by Jeff Merkley (D-Ore.)

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