S.2346 - PROMISE Act Sponsor: Charles Schumer / 110th Congress

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Title
110th Congress - A bill 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. hidemore...
Summary
A bill 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. (by CRS)
Status
The bill has passed through committee and has been put on a legislative calendar.

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