FANNIE MAE (Government-sponsored enterprise)

Articles and editorials

How Paulson Gave Hedge Funds Advance Word of Fannie Mae Rescue, H8004 [1DE]

Bills and resolutions

Courts: limit Federal payment of legal fees for current and former Fannie Mae and Freddie Mac officers and affiliated parties (see H.R. 2428), H4671 [6JY]

Credit: establish a privately financed Federal Secondary Market Facility for Residential Mortgages, terminate Fannie Mae and Freddie Mac conservatorships, and repeal charter acts of such enterprises (see H.R. 2413), H4671 [6JY]

———extend increase in the maximum original principal obligation of a mortgage that may be purchased by Fannie Mae or Freddie Mac (see H.R. 2508), H5017 [13JY]

———extend loan limits of the FHA, housing-related Government-sponsored enterprises, and the Dept. of Veterans Affairs (see S. 1508), S5251 [2AU]

———permanently increase conforming loan limits for the housing-related Government-sponsored enterprises and the FHA maximum mortgage amount limitations (see H.R. 1754), H3107 [5MY]

———prohibit Fannie Mae, Freddie Mac, and Ginnie Mae from owning or guaranteeing any mortgage that is assigned to, or for which, the Mortgage Electronic Registration Systems is the mortgagee of record (see H.R. 2425), H4671 [6JY]

———require applicants for a home mortgage be federally insured, held by Fannie Mae or Freddie Mac, or made by Dept. of Veterans Affairs, that the mortgagor be verified under the E-verify program (see H.R. 695), H774 [14FE]

———restore and repair mortgage markets by making them transparent, bringing in private capital, and winding down Government-sponsored enterprises (see S. 1834), S7294 [9NO]

———revoke Fannie Mae and Freddie Mac charters, temporarily create a Mortgage Finance Agency to secure mortgages until the transition to privatization, and protect against another housing collapse (see S. 1963), S8460 [8DE]

Dept. of HUD: terminate the Housing Trust Fund and the requirement that Fannie Mae and Freddie Mac make annual allocations for such Fund (see H.R. 2441), H4748 [7JY]

Dept. of the Treasury: prohibit reduction in the rate of dividends paid on purchased senior preferred stock of Fannie Mae and Freddie Mac (see H.R. 2436), H4747 [7JY]

Fannie Mae and Freddie Mac Investigative Commission: establish (see H.R. 2093), H3985 [2JN]

Federal Housing Finance Agency: authorize revocation of Fannie Mae and Freddie Mac charters or any limited-life regulated entity established under receivership (see H.R. 2439), H4748 [7JY]

———submit quarterly reports to Congress during the conservatorship of Fannie Mae or Freddie Mac (see H.R. 31), H34 [5JA]

———temporarily increase the conforming loan limits for Fannie Mae and Freddie Mac that are applicable to high-cost sub-areas within counties (see H.R. 3084), H6505 [3OC]

Financial institutions: authorize depository institutions, holding companies, Fannie Mae, and Freddie Mac to lease foreclosed property held by such institutions and companies (see H.R. 2636), H5488 [25JY]

Government-sponsored enterprises: apply Freedom of Information Act to Fannie Mae and Freddie Mac during any period that such entities are in conservatorship or receivership (see H.R. 463), H507 [26JA]

———clarify treatment of mortgages held or securitized by Fannie Mae or Freddie Mac and asset-backed securities issued by such entities relative to credit risk retention requirements (see H.R. 1223), H2036 [29MR]

———establish a term for conservatorships of Fannie Mae and Freddie Mac, and provide conditions for continued operations, wind down, and dissolution of such enterprises (see S. 693), S2046 [31MR] (see H.R. 1182), H1983 [17MR]

———exercise clean-up call options under securities issued by Fannie Mae or Freddie Mac and prohibit new mortgage-backed securities to contain provisions for such options (see H.R. 3530), H7998 [30NO]

———increase guarantee fees charged by Fannie Mae and Freddie Mac relative to mortgage-backed securities guaranteed by such enterprises (see H.R. 1222), H2036 [29MR]

———increase rate of required annual reductions of retained portfolios of Fannie Mae and Freddie Mac (see H.R. 1224), H2036 [29MR]

———limit aggregate amount provided by U.S. taxpayers for the bailout of Fannie Mae and Freddie Mac (see H.R. 2462), H4792 [8JY]

———prohibit Fannie Mae and Freddie Mac from issuing any new debt without advance approval by the Dept. of the Treasury (see H.R. 1225), H2036 [29MR]

———prohibit Fannie Mae and Freddie Mac from offering any new products during the term of any conservatorship or receivership of such enterprises (see H.R. 1227), H2037 [29MR]

———reduce interest rates on mortgages owned or guaranteed by Fannie Mae and Freddie Mac (see H.R. 3733), H9945 [19DE]

———repeal affordable housing goals for Fannie Mae and Freddie Mac (see H.R. 1226), H2036 [29MR]

———require Fannie Mae and Freddie Mac to sell or dispose of assets of such enterprises that are not critical to their missions (see H.R. 2440), H4748 [7JY]

———suspend compensation packages for senior executives of Fannie Mae and Freddie Mac and compensate such executives in accordance with executive branch senior employees pay rates (see H.R. 1221), H2036 [29MR]

Power resources: prevent Federal residential and commercial mortgage lending regulators from adopting policies that contravene established State and local property assessed clean energy (PACE) laws (see H.R. 2599), H5285 [20JY]

Real estate: prevent foreclosure of home mortgages and increase availability of affordable new mortgages and affordable refinancing of mortgages held by Fannie Mae and Freddie Mac (see H.R. 363), H394 [20JA]

———provide for affordable refinancing of mortgages held by Fannie Mae and Freddie Mac (see S. 170), S126 [25JA]

———require Fannie Mae and Freddie Mac to disclose minimum price on the short sale of a residence financed by a mortgage purchased by them in order to make short sales a viable alternative to foreclosure (see H.R. 3164), H6853 [12OC]

Remarks in House

Credit: extend increase in the maximum original principal obligation of a mortgage that may be purchased by Fannie Mae or Freddie Mac (H.R. 2508), H7780 [17NO]

Fannie Mae and Freddie Mac Investigative Commission: establish (H.R. 2093), H7725 [17NO], H8004 [1DE]

Federal Housing Finance Agency: legal defense fees funding for Fannie Mae and Freddie Mac senior executives, H1292 [18FE]

Government-sponsored enterprises: reduce interest rates on mortgages owned or guaranteed by Fannie Mae and Freddie Mac (H.R. 3733), E2314 [19DE]

———require Fannie Mae and Freddie Mac to comply with Property Assessed Clean Energy (PACE) Program standards, E225 [15FE], E280 [18FE]

———suspend compensation packages for senior executives of Fannie Mae and Freddie Mac, H2303 [5AP]

Norquist, Grover G.: allegations of criminal and ethical misconduct and use of the Taxpayer Protection Pledge to encourage partisanship and advance personal issues, H6509-H6514 [4OC]

Remarks in Senate

Credit: extend loan limits of Government-sponsored enterprises, FHA, and VA, S6739, S6740 [19OC], S6842 [20OC]

———permanently increase conforming loan limits for the housing-related Government-sponsored enterprises and the FHA maximum mortgage amount limitations, S7677 [17NO]

———restore and repair mortgage markets by making them transparent, bringing in private capital, and winding down Government-sponsored enterprises (S. 1834), S7269-S7271 [9NO]

Government-sponsored enterprises: reestablish maximum aggregate amount permitted to be provided by taxpayers, S6841 [20OC]

———suspend compensation packages for senior executives of Fannie Mae and Freddie Mac, S7100 [3NO]

Real estate: provide for affordable refinancing of mortgages held by Fannie Mae and Freddie Mac (S. 170), S228 [25JA]