HR 1227 · 112th Congress · Housing and Community Development
GSE Risk and Activities Limitation Act of 2011
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .(2011-04-06)
Plain Language Summary
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GSE Risk and Activities Limitation Act of 2011 - Amends the Housing and Community Development Act of 1992 to prohibit the Director of the Federal Housing Finance Agency from approving any new products of the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) (Government-sponsored enterprises or GSEs) during any term of conservatorship or receivership.…
Summarized by Claude AI · Non-partisan · For informational purposes only