HR 2322 · 117th Congress · Finance and Financial Sector

Ginnie Mae Oversight and Accountability Act of 2021

Introduced 2021-04-01· Sponsored by Rep. Kustoff, David [R-TN-8]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2021-04-01)

Plain Language Summary

[AI summary unavailable — showing source text] Ginnie Mae Oversight and Accountability Act of 2021 This bill requires the Government National Mortgage Association (Ginnie Mae) to annually testify before the appropriate congressional committees regarding the financial status of Ginnie Mae, the performance of its securities and the issuers of such securities, and any administrative or market challenges faced by Ginnie Mae's business model. (Ginnie Mae guarantees mortgage-backed securities linked to federally-backed mortgages.)…

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