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Latest Update: Tuesday, December, 02nd 2008
To reform the regulation of certain housing-related Government-sponsored enterprises, and for other purposes. 5/22/2007--Passed House amended. (There are 2 other summaries) Federal Housing Finance Reform Act of 2007 - Title I: Reform of Regulation of Enterprises and Federal Home Loan Banks - Subtitle A: Improvement of Safety and Soundness - (Sec. 101) Amends the Housing and Community Development Act of 1992 (Act) to establish, in place of the present Office of Federal Housing Enterprise Oversight, a Federal Housing Finance Agency (FHFA), headed by a Director (Director) possessing general supervisory and regulatory authority over the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the federal home loan banks ("the regulated entities"). (Sec. 102) Requires the Director to establish standards for each regulated entity, especially standards relating to: (1) [...] show full description
- 05/24/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 05/22/2007 - Considered as unfinished business. (consideration: CR H5560-5572)
- 05/22/2007 - The House resolved into Committee of the Whole House on the state of the Union for further consideration.
- 05/22/2007 - H.AMDT.215 On agreeing to the Feeney amendment (A013) Failed by recorded vote: 174 - 246 (Roll no. 386). (consideration: CR H5561-5562)
- 05/22/2007 - H.AMDT.216 On agreeing to the Price (GA) amendment (A014) Agreed to by recorded vote: 235 - 188 (Roll no. 387). (consideration: CR H5562-5563)
show all actions- 05/24/2007 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 05/22/2007 - Considered as unfinished business. (consideration: CR H5560-5572)
- 05/22/2007 - The House resolved into Committee of the Whole House on the state of the Union for further consideration.
- 05/22/2007 - H.AMDT.215 On agreeing to the Feeney amendment (A013) Failed by recorded vote: 174 - 246 (Roll no. 386). (consideration: CR H5561-5562)
- 05/22/2007 - H.AMDT.216 On agreeing to the Price (GA) amendment (A014) Agreed to by recorded vote: 235 - 188 (Roll no. 387). (consideration: CR H5562-5563)
- 05/22/2007 - H.AMDT.217 On agreeing to the Sessions amendment (A015) Failed by recorded vote: 183 - 240 (Roll no. 388). (consideration: CR H5563-5564)
- 05/22/2007 - H.AMDT.218 On agreeing to the Brady (TX) amendment (A016) Failed by recorded vote: 163 - 260 (Roll no. 389). (consideration: CR H5564-5565)
- 05/22/2007 - H.AMDT.222 On agreeing to the Price (GA) amendment (A020) Failed by recorded vote: 180 - 243 (Roll no. 390). (consideration: CR H5565)
- 05/22/2007 - H.AMDT.223 On agreeing to the Doolittle amendment (A021) Agreed to by recorded vote: 217 - 205 (Roll no. 391). (consideration: CR H5565-5566)
- 05/22/2007 - H.AMDT.225 On agreeing to the Hensarling amendment (A023) Failed by recorded vote: 155 - 263 (Roll no. 392). (consideration: CR H5566-5567)
- 05/22/2007 - H.AMDT.226 On agreeing to the Neugebauer amendment (A024) Failed by recorded vote: 164 - 256 (Roll no. 393). (consideration: CR H5567-5568)
- 05/22/2007 - The House rose from the Committee of the Whole House on the state of the Union to report H.R. 1427.
- 05/22/2007 - The previous question was ordered pursuant to the rule. (consideration: CR H5568)
- 05/22/2007 - H.AMDT.207 Mr. Westmoreland demanded a separate vote on the Neugebauer amendment (A005).
- 05/22/2007 - H.AMDT.207 On agreeing to the Neugebauer amendment (A005) Agreed to by recorded vote: 383 - 36 (Roll no. 394). (consideration: CR H5568-5569)
- 05/22/2007 - The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union.
- 05/22/2007 - Mr. Cantor moved to recommit with instructions to Financial Services. (consideration: CR H5569-5571)
- 05/22/2007 - The previous question on the motion to recommit with instructions was ordered pursuant to the rule. (consideration: CR H5571)
- 05/22/2007 - On motion to recommit with instructions Failed by recorded vote: 182 - 232 (Roll no. 395).
- 05/22/2007 - On passage Passed by recorded vote: 313 - 104 (Roll no. 396).
- 05/22/2007 - Motion to reconsider laid on the table Agreed to without objection.
- 05/22/2007 - The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 1427.
- 05/22/2007 - UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of amendments which had been debated earlier and on which further proceedings had been postponed.
- 05/22/2007 - DEBATE - The House proceeded with 10 minutes of debate on the Cantor motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with amendments offsetting the costs of providing assistance to individuals and families to increase home ownership for all Americans and inserting provisions on the use of fund amounts.
- 05/18/2007 - H.AMDT.226 Amendment (A024) offered by Mr. Neugebauer. (consideration: CR H5465-5467; text: CR H5465) Amendment sought to place a cap of $520 million on the amount of funds that would be available in the Affordable Housing Fund.
- 05/18/2007 - H.AMDT.226 Amendment (A024) offered by Mr. Neugebauer. (consideration: CR H5465-5467 text: CR H5465) Amendment sought to place a cap of $520 million on the amount of funds that would be available in the Affordable Housing Fund.
- 05/18/2007 - Mr. Frank (MA) moved that the Committee rise.
- 05/18/2007 - On motion that the Committee rise Agreed to by voice vote.
- 05/18/2007 - Committee of the Whole House on the state of the Union rises leaving H.R. 1427 as unfinished business.
- 05/18/2007 - POSTPONED PROCEEDINGS - At the conclusion of debate on the Hensarling amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Hensarling demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
- 05/18/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Neugebauer amendment under the five-minute rule.
- 05/18/2007 - POSTPONED PROCEEDINGS - At the conclusion of debate on the Neugebauer amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Neugebauer demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
- 05/17/2007 - H.AMDT.221 Amendment (A019) offered by Mr. Miller, Gary. (consideration: CR H5460; text: CR H5460) An amendment numbered 33 printed in the Congressional Record.
- 05/17/2007 - H.AMDT.222 Amendment (A020) offered by Mr. Price (GA). (consideration: CR H5460-5461; text: CR H5460) Amendment sought to require the Director of the Federal Housing Finance Agency when taking action under the bill to include the factors of safety and soundness and increased costs to the borrowers.
- 05/17/2007 - H.AMDT.223 Amendment (A021) offered by Mr. Doolittle. (consideration: CR H5461-5462; text: CR H5461) Amendment prevents government-sponsored enterprises from purchasing any mortgage from a lender where the person who received the mortgage did not use a valid Social Security number.
- 05/17/2007 - H.AMDT.224 Amendment (A022) offered by Mr. Garrett (NJ). (consideration: CR H5462-5463; text: CR H5462) Amendment, as modified, prohibits government sponsored enterprises from treating the costs of making allocations to the affordable housing fund as a regular business expense.
- 05/17/2007 - H.AMDT.225 Amendment (A023) offered by Mr. Hensarling. (consideration: CR H5463-5465; text: CR H5463) Amendment sought to strike the Affordable Housing Trust Fund budgetary placeholder language in the bill.
- 05/17/2007 - Rule H. Res. 404 passed House.
- 05/17/2007 - Considered under the provisions of rule H. Res. 404. (consideration: CR H5374-5430, H5430-5447, H5447-5467 text of measure as reported in House: CR H5383-5417)
- 05/17/2007 - House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 404 and Rule XVIII.
- 05/17/2007 - The Speaker designated the Honorable Mike Ross to act as Chairman of the Committee.
- 05/17/2007 - H.AMDT.203 Amendment (A001) offered by Mr. Bachus. (consideration: CR H5417-5421, H5443 text: CR H5417) Amendment sought to strike section 139 which establishes an affordable housing fund.
- 05/17/2007 - H.AMDT.204 Amendment (A002) offered by Mr. Kanjorski. (consideration: CR H5421-5422 text: CR H5421) Amendment clarifies the process used by the advisory committee to recommend candidates to serve as independent directors on the boards of each of the Federal Home Loan Banks.
- 05/17/2007 - H.AMDT.204 On agreeing to the Kanjorski amendment (A002) Agreed to by voice vote.
- 05/17/2007 - H.AMDT.205 Amendment (A003) offered by Mr. Hensarling. (consideration: CR H5422-5424, H5443-5444 text: CR H5422) Amendment sought to modify the provisions in the bill which allow for the suspension of contributions to the affordable housing fund.
- 05/17/2007 - H.AMDT.206 Amendment (A004) offered by Mr. Hinojosa. (consideration: CR H5424 text: CR H5424) Amendment permits States to seek a waiver of the in-person pre-purchase housing counseling requirement if the person obtaining that mortgage lives in a remote area of the country.
- 05/17/2007 - H.AMDT.206 On agreeing to the Hinojosa amendment (A004) Agreed to by voice vote.
- 05/17/2007 - H.AMDT.207 Amendment (A005) offered by Mr. Neugebauer. (consideration: CR H5424-5427 text: CR H5424) Amendment clarifies the authority of regulators over government sponsored enterprises.
- 05/17/2007 - H.AMDT.207 On agreeing to the Neugebauer amendment (A005) Agreed to by voice vote.
- 05/17/2007 - H.AMDT.208 Amendments (A006) offered by Mr. Frank (MA). (consideration: CR H5427-5429 text: CR H5427-5428) Amendments en bloc consist of the text of the amendments, as modified, printed on pages H5427-5428 in the Congressional Record for May 17, 2007.
- 05/17/2007 - H.AMDT.208 Frank (MA) amendment (A006) modified by unanimous consent. Amendment no. 2 modified (consideration: CR H5428)
- 05/17/2007 - H.AMDT.208 On agreeing to the Frank (MA) amendments (A006) as modified Agreed to by voice vote. (text as modified: CR H5428)
- 05/17/2007 - H.AMDT.209 Amendment (A007) offered by Mr. McHenry. (consideration: CR H5429-5430, H5430-5431, H5444-5445 text: CR H5429) Amendment sought to provide that, if, as a result of a GAO report, the Director of the Federal Housing Finance Agency determines that the Affordable Housing Fund is increasing mortgage costs for consumers, he may suspend the assessment of Freddie Mac and Fannie Mae.
- 05/17/2007 - H.AMDT.210 Amendment (A008) offered by Mr. Kanjorski. (consideration: CR H5431-5432, H5445 text: CR H5431-5432) Amendment sought to the restore authority for Presidential appointments to the boards of government sponsored enterprises.
- 05/17/2007 - H.AMDT.211 Amendment (A009) offered by Mr. Roskam. (consideration: CR H5432-5436, H5445-5446 text: CR H5432) Amendment sought to limit contributions to the affordable housing fund when the government has an actual on-budget deficit and an actual off-budget surplus.
- 05/17/2007 - H.AMDT.212 Amendment (A010) offered by Mr. Blumenauer. (consideration: CR H5436-5437 text: CR H5436-5437) An amendment numbered 26 printed in the Congressional Record to add a new section providing for consideration of location and energy efficiency in enterprise underwriting guidelines.
- 05/17/2007 - H.AMDT.212 By unanimous consent, the Blumenauer amendment was withdrawn.
- 05/17/2007 - H.AMDT.213 Amendment (A011) offered by Mr. Garrett (NJ). (consideration: CR H5437-5442, H5446-5447 text: CR H5437-5438) Amendment sought to require government sponsored enterprises to only hold mortgages and mortgage-backed securities that exclusively support affordable housing.
- 05/17/2007 - H.AMDT.214 Amendment (A012) offered by Mr. Green, Al. (consideration: CR H5442 text: CR H5442) An amendment numbered 5 printed in the Congressional Record to redistribute affordable housing grants for use in disaster areas that were allotted to Louisiana and Mississippi to include both Alabama and Texas in addition to Louisiana and Mississippi.
- 05/17/2007 - H.AMDT.214 By unanimous consent, the Green, Al amendment was withdrawn.
- 05/17/2007 - H.AMDT.203 On agreeing to the Bachus amendment (A001) Failed by recorded vote: 148 - 269 (Roll no. 378).
- 05/17/2007 - H.AMDT.205 On agreeing to the Hensarling amendment (A003) Failed by recorded vote: 164 - 253 (Roll no. 379).
- 05/17/2007 - H.AMDT.209 On agreeing to the McHenry amendment (A007) Failed by recorded vote: 176 - 240 (Roll no. 380).
- 05/17/2007 - H.AMDT.210 On agreeing to the Kanjorski amendment (A008) Failed by recorded vote: 154 - 263 (Roll no. 381).
- 05/17/2007 - H.AMDT.211 On agreeing to the Roskam amendment (A009) Failed by recorded vote: 173 - 245 (Roll no. 382).
- 05/17/2007 - H.AMDT.213 On agreeing to the Garrett (NJ) amendment (A011) Failed by recorded vote: 92 - 322 (Roll no. 383).
- 05/17/2007 - H.AMDT.215 Amendment (A013) offered by Mr. Feeney. (consideration: CR H5447-5448 text: CR H5447) Amendment sought to specify that funds collected for the affordable housing fund be used to provide housing assistance to the victims of Hurricanes Katrina or Rita and to provide housing assistance for disabled homeless veterans.
- 05/17/2007 - H.AMDT.216 Amendment (A014) offered by Mr. Price (GA). (consideration: CR H5448-5451 text: CR H5449) Amendment adds language to prevent illegal immigrants from owning or renting housing built by funds from the affordable housing fund by requiring adult occupants of that housing to establish their legal residency through the use of secure forms of identification.
- 05/17/2007 - H.AMDT.217 Amendment (A015) offered by Mr. Sessions. (consideration: CR H5451-5455 text: CR H5451-5452) Amendment sought to require the Director of the Federal Housing Finance Agency to provide information to mortgage originators about any added mortgage costs to consumers associated with the affordable housing fund.
- 05/17/2007 - H.AMDT.218 Amendment (A016) offered by Mr. Brady (TX). (consideration: CR H5455-5458 text: CR H5455) Amendment sought to modify the allocation of funds from the affordable housing fund in order to provide 10 percent of such funds in the first year to Texas.
- 05/17/2007 - H.AMDT.219 Amendment (A017) offered by Mr. Doolittle. (consideration: CR H5458-5459 text: CR H5458) An amendment numbered 25 printed in the Congressional Record to make economically disadvantaged counties that receive payments under the Secure Rural Roads and Community Self-Determination Act eligible to receive Affordable Housing fund grants.
- 05/17/2007 - H.AMDT.219 Mr. Frank (MA) raised a point of order against the Doolittle amendment (A017). Mr. Frank stated that the provisions of the Doolittle amendment exceed the scope of the bill and as such, the amendment is not germane. The Chair sustained the point of order.
- 05/17/2007 - H.AMDT.220 Amendment (A018) offered by Mr. Hensarling. (consideration: CR H5459-5460 text: CR H5459) An amendment numbered 32 printed in the Congressional Record to strike the High Cost Area increases in Section 133 to the Conforming Loan Limit.
- 05/17/2007 - H.AMDT.220 By unanimous consent, the Hensarling amendment was withdrawn.
- 05/17/2007 - H.AMDT.221 Amendment (A019) offered by Mr. Miller, Gary. (consideration: CR H5460 text: CR H5460) An amendment numbered 33 printed in the Congressional Record.
- 05/17/2007 - H.AMDT.221 By unanimous consent, the Miller, Gary amendment was withdrawn.
- 05/17/2007 - H.AMDT.222 Amendment (A020) offered by Mr. Price (GA). (consideration: CR H5460-5461 text: CR H5460) Amendment sought to require the Director of the Federal Housing Finance Agency when taking action under the bill to include the factors of safety and soundness and increased costs to the borrowers.
- 05/17/2007 - H.AMDT.223 Amendment (A021) offered by Mr. Doolittle. (consideration: CR H5461-5462 text: CR H5461) Amendment prevents government-sponsored enterprises from purchasing any mortgage from a lender where the person who received the mortgage did not use a valid Social Security number.
- 05/17/2007 - H.AMDT.224 Amendment (A022) offered by Mr. Garrett (NJ). (consideration: CR H5462-5463 text: CR H5462) Amendment, as modified, prohibits government sponsored enterprises from treating the costs of making allocations to the affordable housing fund as a regular business expense.
- 05/17/2007 - H.AMDT.224 Garrett (NJ) amendment (A022) modified by unanimous consent. (consideration: CR H5463)
- 05/17/2007 - H.AMDT.224 On agreeing to the Garrett (NJ) amendment (A022) as modified Agreed to by voice vote. (text as modified: CR H5463)
- 05/17/2007 - H.AMDT.225 Amendment (A023) offered by Mr. Hensarling. (consideration: CR H5463-5465 text: CR H5463) Amendment sought to strike the Affordable Housing Trust Fund budgetary placeholder language in the bill.
- 05/17/2007 - ORDER OF PROCEDURE - Mr. Spratt asked unanimous consent that, during further consideration of H.R. 1427 pursuant to H. Res. 404, the Chair may reduce to two minutes the minimum time for electronic voting under clause 6 of rule 18 and clauses 8 and 9 of rule 20. Agreed to without objection.
- 05/17/2007 - Rule provides for consideration of H.R. 1427 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be read by title. Bill is open to amendments. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill, modified by the amendment printed in the report of the Committee on Rules accompanying this resolution.
- 05/17/2007 - GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 1427.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Bachus amendment under five-minute rule.
- 05/17/2007 - POSTPONED PROCEEDINGS - At the conclusion of debate on the Bachus amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Bachus demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Kanjorski amendment No. 22(1) under five-minute rule.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Hensarling amendment No. 29 under five-minute rule.
- 05/17/2007 - POSTPONED PROCEEDINGS - At the conclusion of debate on the Hensarling amendment no. 29, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Hensarling demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Hinojosa amendment under five-minute rule.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Neugebauer amendment under five-minute rule.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Frank of Massachussetts En Bloc Amendment under five-minute rule.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the McHenry amendment under five-minute rule.
- 05/17/2007 - COMMITTEE OF THE WHOLE - The Committee of the Whole rose informally to receive a message from the Senate.
- 05/17/2007 - COMMITTEE OF THE WHOLE - The Committee of the Whole resumed its sitting.
- 05/17/2007 - POSTPONED PROCEEDINGS - At the conclusion of debate on the McHenry amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. McHenry demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Kanjorski amendment no. 15 under five-minute rule.
- 05/17/2007 - POSTPONED PROCEEDINGS - At the conclusion of debate on the Kanjorski amendment no. 15, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Feeney demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Roskam amendment under five-minute rule.
- 05/17/2007 - POSTPONED PROCEEDINGS - At the conclusion of debate on the Roskam amendment the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Roskam demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Blumenauer amendment under five-minute rule.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Garrett of New Jersey amendment No. 17 under five-minute rule.
- 05/17/2007 - POSTPONED PROCEEDINGS - At the conclusion of debate on the Garrett amendment no. 17, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Garrett demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Al Green of Texas amendment under five-minute rule.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Feeney amendment under the five-minute rule.
- 05/17/2007 - POSTPONED PROCEEDINGS - At the conclusion of debate on the Feeney amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Feeney demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Price (GA) amendment #9 under the five-minute rule.
- 05/17/2007 - POSTPONED PROCEEDINGS - At the conclusion of debate on the Price (GA) amendment #9, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Price (GA) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Sessions amendment under the five-minute rule.
- 05/17/2007 - POSTPONED PROCEEDINGS - At the conclusion of debate on the Sessions amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Sessions demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Brady (TX) amendment under the five-minute rule.
- 05/17/2007 - POSTPONED PROCEEDINGS - At the conclusion of debate on the Brady (TX) amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Brady (TX) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Doolittle amendment #25 pending reservation of a point of order.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Hensarling amendment under the five-minute rule.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Gary Miller (CA) amendment.
- 05/17/2007 - POSTPONED PROCEEDINGS - At the conclusion of debate on the Price (GA) amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Price (GA) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Doolittle amendment under the five-minute rule.
- 05/17/2007 - POSTPONED PROCEEDINGS - At the conclusion of debate on the Doolittle amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Doolittle demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Garrett (NJ) amendment under the five-minute rule.
- 05/17/2007 - DEBATE - Pursuant to the provisions of H. Res. 404, the Committee of the Whole proceeded with debate on the Hensarling amendment #30 under the five-minute rule.
- 05/17/2007 - Considered under the provisions of rule H. Res. 404. (consideration: CR H5374-5430, H5430-5447, H5447-5467; text of measure as reported in House: CR H5383-5417)
- 05/17/2007 - H.AMDT.203 Amendment (A001) offered by Mr. Bachus. (consideration: CR H5417-5421, H5443; text: CR H5417) Amendment sought to strike section 139 which establishes an affordable housing fund.
- 05/17/2007 - H.AMDT.204 Amendment (A002) offered by Mr. Kanjorski. (consideration: CR H5421-5422; text: CR H5421) Amendment clarifies the process used by the advisory committee to recommend candidates to serve as independent directors on the boards of each of the Federal Home Loan Banks.
- 05/17/2007 - H.AMDT.205 Amendment (A003) offered by Mr. Hensarling. (consideration: CR H5422-5424, H5443-5444; text: CR H5422) Amendment sought to modify the provisions in the bill which allow for the suspension of contributions to the affordable housing fund.
- 05/17/2007 - H.AMDT.206 Amendment (A004) offered by Mr. Hinojosa. (consideration: CR H5424; text: CR H5424) Amendment permits States to seek a waiver of the in-person pre-purchase housing counseling requirement if the person obtaining that mortgage lives in a remote area of the country.
- 05/17/2007 - H.AMDT.207 Amendment (A005) offered by Mr. Neugebauer. (consideration: CR H5424-5427; text: CR H5424) Amendment clarifies the authority of regulators over government sponsored enterprises.
- 05/17/2007 - H.AMDT.208 Amendments (A006) offered by Mr. Frank (MA). (consideration: CR H5427-5429; text: CR H5427-5428) Amendments en bloc consist of the text of the amendments, as modified, printed on pages H5427-5428 in the Congressional Record for May 17, 2007.
- 05/17/2007 - H.AMDT.209 Amendment (A007) offered by Mr. McHenry. (consideration: CR H5429-5430, H5430-5431, H5444-5445; text: CR H5429) Amendment sought to provide that, if, as a result of a GAO report, the Director of the Federal Housing Finance Agency determines that the Affordable Housing Fund is increasing mortgage costs for consumers, he may suspend the assessment of Freddie Mac and Fannie Mae.
- 05/17/2007 - H.AMDT.210 Amendment (A008) offered by Mr. Kanjorski. (consideration: CR H5431-5432, H5445; text: CR H5431-5432) Amendment sought to the restore authority for Presidential appointments to the boards of government sponsored enterprises.
- 05/17/2007 - H.AMDT.211 Amendment (A009) offered by Mr. Roskam. (consideration: CR H5432-5436, H5445-5446; text: CR H5432) Amendment sought to limit contributions to the affordable housing fund when the government has an actual on-budget deficit and an actual off-budget surplus.
- 05/17/2007 - H.AMDT.212 Amendment (A010) offered by Mr. Blumenauer. (consideration: CR H5436-5437; text: CR H5436-5437) An amendment numbered 26 printed in the Congressional Record to add a new section providing for consideration of location and energy efficiency in enterprise underwriting guidelines.
- 05/17/2007 - H.AMDT.213 Amendment (A011) offered by Mr. Garrett (NJ). (consideration: CR H5437-5442, H5446-5447; text: CR H5437-5438) Amendment sought to require government sponsored enterprises to only hold mortgages and mortgage-backed securities that exclusively support affordable housing.
- 05/17/2007 - H.AMDT.214 Amendment (A012) offered by Mr. Green, Al. (consideration: CR H5442; text: CR H5442) An amendment numbered 5 printed in the Congressional Record to redistribute affordable housing grants for use in disaster areas that were allotted to Louisiana and Mississippi to include both Alabama and Texas in addition to Louisiana and Mississippi.
- 05/17/2007 - H.AMDT.215 Amendment (A013) offered by Mr. Feeney. (consideration: CR H5447-5448; text: CR H5447) Amendment sought to specify that funds collected for the affordable housing fund be used to provide housing assistance to the victims of Hurricanes Katrina or Rita and to provide housing assistance for disabled homeless veterans.
- 05/17/2007 - H.AMDT.216 Amendment (A014) offered by Mr. Price (GA). (consideration: CR H5448-5451; text: CR H5449) Amendment adds language to prevent illegal immigrants from owning or renting housing built by funds from the affordable housing fund by requiring adult occupants of that housing to establish their legal residency through the use of secure forms of identification.
- 05/17/2007 - H.AMDT.217 Amendment (A015) offered by Mr. Sessions. (consideration: CR H5451-5455; text: CR H5451-5452) Amendment sought to require the Director of the Federal Housing Finance Agency to provide information to mortgage originators about any added mortgage costs to consumers associated with the affordable housing fund.
- 05/17/2007 - H.AMDT.218 Amendment (A016) offered by Mr. Brady (TX). (consideration: CR H5455-5458; text: CR H5455) Amendment sought to modify the allocation of funds from the affordable housing fund in order to provide 10 percent of such funds in the first year to Texas.
- 05/17/2007 - H.AMDT.219 Amendment (A017) offered by Mr. Doolittle. (consideration: CR H5458-5459; text: CR H5458) An amendment numbered 25 printed in the Congressional Record to make economically disadvantaged counties that receive payments under the Secure Rural Roads and Community Self-Determination Act eligible to receive Affordable Housing fund grants.
- 05/17/2007 - H.AMDT.220 Amendment (A018) offered by Mr. Hensarling. (consideration: CR H5459-5460; text: CR H5459) An amendment numbered 32 printed in the Congressional Record to strike the High Cost Area increases in Section 133 to the Conforming Loan Limit.
- 05/16/2007 - Sponsor introductory remarks on measure. (CR E1071)
- 05/15/2007 - Rules Committee Resolution H. Res. 404 Reported to House. Rule provides for consideration of H.R. 1427 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be read by title. Bill is open to amendments. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. It shall be in order to consider as an original bill for the purpose of amendment under the five-minute rule the amendment in the nature of a substitute recommended by the Committee on Financial Services now printed in the bill, modified by the amendment printed in the report of the Committee on Rules accompanying this resolution.
- 05/09/2007 - Reported (Amended) by the Committee on Financial Services. H. Rept. 110-142.
- 05/09/2007 - Placed on the Union Calendar, Calendar No. 84.
- 03/29/2007 - Committee Consideration and Mark-up Session Held.
- 03/29/2007 - Ordered to be Reported (Amended) by Voice Vote.
- 03/28/2007 - Committee Consideration and Mark-up Session Held.
- 03/09/2007 - Referred to the House Committee on Financial Services.
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