HR 2440 · 112th Congress · Housing and Community Development
Market Transparency and Taxpayer Protection Act of 2011
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .(2011-07-12)
Plain Language Summary
[AI summary unavailable — showing source text]
Market Transparency and Taxpayer Protection Act of 2011 - Directs the Director of the Federal Housing Finance Agency to require the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises or GSEs) to identify to the Director all assets of value of the GSE and their functions, characteristics, and estimated value. Requires the Director then to: (1) determine which assets are critical, and which are not critical, to carrying out the GSE's mission; and (2) establish plans annually for the sale or other disposition of any non-mission critical assets.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (3)
3 Republicans