3.0.0 3777 2023-01-11T20:24:20Z 2023-01-11T20:24:20Z House H HR 2007-10-09 110 hsba00 Financial Services Committee House Standing Referred to 2007-10-09T16:32:50Z To temporarily increase the portfolio caps applicable to Freddie Mac and Fannie Mae, to provide the necessary financing to curb foreclosures by facilitating the refinancing of at-risk subprime borrowers into safe, affordable loans, and for other purposes. 110 3838 HR 2007-10-16 Referred to the House Committee on Financial Services. Related bill CRS Protecting Access to Safe Mortgages Act 110 2036 S 2007-09-10 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2007-10-09 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2007-10-09 Introduced in House IntroReferral Intro-H 9 Library of Congress 2007-10-09 Introduced in House IntroReferral 1000 9 Library of Congress B001253 Rep. Bean, Melissa L. [D-IL-8] Melissa Bean D IL L. 8 N N000182 Rep. Neugebauer, Randy [R-TX-19] Randy Neugebauer R TX 19 2007-10-09 True Housing and Community Development Administrative procedure Commerce Department of Housing and Urban Development Federal incorporation Finance and Financial Sector Government Operations and Politics Housing finance Law Mortgage banks Mortgages Secondary mortgage market Housing and Community Development 00 2007-10-09 Introduced in House 2007-11-21T20:59:57Z Protecting Access to Safe Mortgages Act - Amends the Federal National Mortgage Association Charter Act and the Federal Home Loan Mortgage Corporation Act to increase mortgage portfolio limitations placed upon: (1) the Federal National Mortgage Association (Fannie Mae); and (2) the Federal Home Loan Mortgage Corporation (Freddie Mac), respectively.

Instructs the Director of the Office of Federal Housing Enterprise Oversight (OFHEO) of the Department of Housing and Urban Development (HUD) to lift: (1) the limitation on growth provision set forth in the Fannie Mae Consent Order; and (2) the voluntary temporary growth limitation described in a certain Freddie Mac Letter.

]]> Protecting Access to Safe Mortgages Act Official Title as Introduced To temporarily raise the portfolio caps applicable to Freddie Mac and Fannie Mae, to provide the necessary financing to curb foreclosures by facilitating the refinancing of at-risk subprime borrowers into safe, prime loans, to preserve liquidity in the mortgage lending markets, and for other purposes. Introduced in House IH Display Title Protecting Access to Safe Mortgages Act Short Titles as Introduced Protecting Access to Safe Mortgages Act Introduced in House 2007-10-09T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr3777ih/xml/BILLS-110hr3777ih.xml 2007-10-09 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.