US Congress Senate Bill 1508 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Democrat 15-3-1)
Status: Introduced on August 2 2011 - 25% progression, died in committee
Action: 2011-08-02 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Homeownership Affordability Act of 2011 - Extends through December 31, 2013, specified loan limits for the Federal Housing Administration (FHA), the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises), and the Department of Veterans Affairs. Directs the Federal Housing Finance Agency to increase mortgage guarantee fees charged by Fannie Mae and Freddie Mac for mortgage loans of between $625,500 and $729,750 originated between October 1, 2011 and December 31, 2013, in an amount necessary to increase by $336 million the revenue raised from such fees.

Homeownership Affordability Act of 2011

Sen. Robert Menendez [D-NJ]	Sen. Daniel Akaka [D-HI]	Sen. Mark Begich [D-AK]	Sen. Richard Blumenthal [D-CT]
Sen. Barbara Boxer [D-CA]	Sen. Scott Brown [R-MA]	Sen. Benjamin Cardin [D-MD]	Sen. Saxby Chambliss [R-GA]
Sen. Christopher Coons [D-DE]	Sen. Dianne Feinstein [D-CA]	Sen. Daniel Inouye [D-HI]	Sen. Johnny Isakson [R-GA]
Sen. Frank Lautenberg [D-NJ]	Sen. Joseph Lieberman [I-CT]	Sen. Jeff Merkley [D-OR]	Sen. Barbara Mikulski [D-MD]
Sen. Bill Nelson [D-FL]	Sen. Charles Schumer [D-NY]	Sen. Jeanne Shaheen [D-NH]

Date	Chamber	Action
2011-08-02	Senate	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/senate-bill/1508/all-info
Text	https://www.congress.gov/112/bills/s1508/BILLS-112s1508is.pdf