FREDDIE MAC (Government-sponsored enterprise)

Articles and editorials

How Washington Failed To Rein in Fannie, Freddie. As Profits Grew, Firms Used Their Power To Mask Peril (excerpt), S3344 [6MY]

Ignoring the Elephant in the Bailout, H3299 [11MY]

What About Fan and Fred Reform?, S3058 [4MY], S3461 [10MY]

Bills and resolutions

Credit: require, as a condition for modification of a home mortgage loan held by Fannie Mae or Freddie Mac or insured under the National Housing Act, that the mortgagor be verified under the E-verify program (see H.R. 4586), H554 [3FE]

———require, as a condition for purchase of a home mortgage loan held by Fannie Mae or Freddie Mac or insured under the National Housing Act, that the mortgagor be verified under the E-verify program (see H.R. 4744), H1103 [3MR]

Federal Housing Finance Agency: submit quarterly reports to Congress during the conservatorship of Fannie Mae or Freddie Mac (see H.R. 4581), H554 [3FE]

Government-sponsored enterprises: apply Freedom of Information Act to Fannie Mae and Freddie Mac during any period that such entities are in conservatorship or receivership (see H.R. 5539), H4596 [16JN]

———establish a term for conservatorships of Fannie Mae and Freddie Mac, and provide conditions for continued operations, wind down, and dissolution of such enterprises (see H.R. 4889), H1743 [19MR]

———prohibit compensation for any officer or employee of Fannie Mae or Freddie Mac to exceed that provided to the Chairman of the Joint Chiefs of Staff (see H.R. 4483), H265 [20JA]

———provide on-budget status to Fannie Mae and Freddie Mac (see H.R. 4653), H754 [23FE]

———require Fannie Mae and Freddie Mac to adopt underwriting standards consistent with Dept. of Energy Property Assessed Clean Energy (PACE) programs (see S. 3642), S6201 [22JY] (see H.R. 5766), H5675 [15JY]

———suspend compensation packages for senior executives of Fannie Mae and Freddie Mac and compensate such executives in accordance with executive branch senior employees pay rates (see H.R. 4476), H265 [20JA]

Housing: ensure that certain multifamily housing mortgage purchases by Fannie Mae and Freddie Mac increase or preserve the number of dwelling units affordable to low-income families (see H.R. 5361), H3701 [20MY]

———facilitate affordable workforce homeownership in, and develop the full-time resident communities of, resort areas (see H.R. 6079), H6578 [9AU]

———require Federal agencies and certain Government-sponsored enterprises to reserve residential real estate owned for purchase by owner-occupants and other buyers using public funds for a certain period (see H.R. 4582), H554 [3FE]

Real estate: prohibit Fannie Mae, Freddie Mac, and Ginnie Mae from owning or guaranteeing any mortgage that is assigned to, or for which, the Mortgage Electronic Registration Systems is the mortgagee of record (see H.R. 6460), H7757 [30NO]

Hearings

Committee on Banking, Housing, and Urban Affairs (Senate) markup of S. 190, Federal Housing Enerterprise Regulatory Reform Act (2005), S3505 [11MY]

Committee on Banking, Housing, and Urban Affairs (Senate) markup of S. 1508, Federal Housing Enerterprise Regulatory Reform Act (2004), S3504 [11MY]

Letters

Establish a term for conservatorships of Fannie Mae and Freddie Mac, and provide conditions for continued operations, wind down, and dissolution of such enterprises: Joseph Stanton, National Association of Home Builders, S3500 [11MY]

Reform the regulation of the housing-related Government-sponsored enterprises: several Senators, S3343 [6MY]

Restoring American Financial Stability Act: several housing and community development organizations, S3520 [11MY]

———Vicki Cox Golder, National Association of Realtors, S3500, S3519 [11MY]

Remarks in House

Economy: reform the financial regulatory system of the U.S., H5603 [14JY]

———reform the financial regulatory system of the U.S. (H.R. 3310), H5227, H5240, H5258 [30JN]

Government-sponsored enterprises: establish a term for conservatorships of Fannie Mae and Freddie Mac, and provide conditions for continued operations, wind down, and dissolution of such enterprises (H.R. 4889), H4279, H4281-H4285 [9JN]

———prohibit compensation for any officer or employee of Fannie Mae or Freddie Mac to exceed that provided to the Chairman of the Joint Chiefs of Staff, H4283, H4284 [9JN]

———provide on-budget status to Fannie Mae and Freddie Mac (H.R. 4653), H4279, H4281-H4285 [9JN]

Housing: ensure that certain multifamily housing mortgage purchases by Fannie Mae and Freddie Mac increase or preserve the number of dwelling units affordable to low-income families (H.R. 5361), E908 [20MY]

———reform the regulation of the housing-related Government-sponsored enterprises, H2779 [21AP], H2836 [22AP], H2928 [27AP], H3299 [11MY], H4279-H4285, H4315 [9JN], H5217 [30JN], H7202 [28SE], H8522 [16DE]

Remarks in Senate

Financial institutions: amend the definition of financial company to impose limits on nondeposit liabilities for certain housing-related Government-sponsored enterprises, S3350, S3351 [6MY]

Government-sponsored enterprises: establish a term for conservatorships of Fannie Mae and Freddie Mac, and provide conditions for continued operations, wind down, and dissolution of such enterprises, S3496-S3509 [11MY], S3669 [13MY], S4044 [20MY], S7704 [29SE]

———require Fannie Mae and Freddie Mac to adopt underwriting standards consistent with Dept. of Energy Property Assessed Clean Energy (PACE) programs (S. 3642), S6206 [22JY]

Housing: reform the regulation of the housing-related Government-sponsored enterprises, S2487 [21AP], S2694 [27AP], S3341-S3345 [6MY], S3386 [7MY], S3456, S3461-S3468 [10MY], S3804-S3806, S3809 [17MY], S3957, S3960, S3969-S3971 [19MY], S4037, S4042, S4064, S4071-S4074 [20MY], S8317 [1DE]