H.R. 3777 - Protecting Access to Safe Mortgages Act
- Sponsor:
- Melissa Bean
- Summary:
- 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. (by CRS)
- Status:
- The bill has been introduced.
Protecting Access to Safe Mortgages Act
H.R. 3777 — 110th Congress (2007–2008)
- Summary
- 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. (by CRS)
- Learn More
- At OpenCongress
- Title
- 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.
- Other Titles
- Protecting Access to Safe Mortgages Act
- Sponsor
- Melissa Bean
- Co-Sponsors
- Subjects
- Housing
- Administrative procedure
- Business
- Department of Housing and Urban Development
- Executive departments
- Federal incorporation
- Finance
- Housing finance
- Law
- Mortgage banks
- Mortgages
- Politics and government
- Secondary mortgage market
- Related Bills
- H.R. 3838 (110th) : 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.
- S. 2036 (110th) : Protecting Access to Safe Mortgages Act
- Major Actions
Introduced 10/09/2007 Referred to Committee - Bill History
-
There have been no votes on this bill.
Action Date Description Introduced 10/09/2007 10/09/2007 Referred to the House Committee on Financial Services. Number Sponsor Date Offered Status
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