Latest Update: Friday, January, 16th 2009

A bill to provide needed housing reform and for other purposes. 7/30/2008--Public Law.    (There are 4 other summaries) Housing and Economic Recovery Act of 2008 - Division A: Housing Finance Reform - Federal Housing Finance Regulatory Reform Act of 2008 - Title I: Reform of Regulation of Enterprises - Subtitle A: Improvement of Safety and Soundness Supervision - (Sec. 1101) Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to replace the Office of Federal Housing Enterprise Oversight of the Department of Housing and Urban Development (HUD) with the Federal Housing Finance Agency (Agency), headed by a Director with regulatory authority over: (1) the Office of Finance; (2) the Federal Home Loan Banks (FHLBs); (3) the Federal National Mortgage Association (Fannie Mae); and (4) the Federal Home Loan Mortgage Corporation (Freddie Mac). (Fannie Mae and Freddie Mac are referred to jointly as the enterprises.) [...]

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Latest Actions
  • 09/27/2008 - Hearings Held by Subcommittee on Energy and Environment Prior to Introduction and Referral (05/15/2007)..
  • 09/27/2008 - Hearing Held by Subcommittee on Energy and Environment Prior to Introduction adn Referral (05/15/2008)..
  • 09/27/2008 - Hearing Held by Subcommittee on Engery and Environment Prior to Introduction and Referral (06/14/2007)..
  • 09/27/2008 - Hearing Held by Subcommittee on Energy and Environment Prior to Introduction and Referral (06/19/2008)..
  • 09/08/2008 - Hearing Held by Subcommittee on Energy and Environment Prior to Introduction and Referral (April 26, 2007)..

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