S 13 · 110th Congress · Housing and Community Development

A bill to temporarily extend increases in certain home loan limits.

Introduced 2008-11-20· Sponsored by Sen. Martinez, Mel [R-FL]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2008-11-20)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Economic Stimulus Act of 2008 to extend through December 31, 2009: (1) the increased ceiling amount for mortgages purchased by either the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac); and (2) the temporary loan limit increase for Federal Housing Administration (FHA)-insured mortgages in specified high-cost areas for which a borrower received credit approval.…

Summarized by Claude AI · Non-partisan · For informational purposes only