To amend the Federal Home Loan Mortgage Corporation Act and the Federal National Mortgage Association Charter Act to specify requirements with respect to the ownership of certain mortgage assets for the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association, and for other purposes.
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Summary
Based on the bill's title, this measure would amend the charters of Fannie Mae and Freddie Mac to establish new requirements governing their ownership of mortgage assets. The specific requirements are not detailed in the title alone. The bill has been referred to the House Committee on Financial Services for consideration.
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How your representatives voted
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