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H.R. 6164, The Federal Housing Enterprises Transparency and Accountability Act of 2008
- This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Comparing original version (created by webmaster) with revision saved on June 11, 2008, 19:30:42 (webmaster):
H.R. 6164 would establish a risk-reduction and accountability pilot program for the housing-related government-sponsored enterprises.
== Detailed Summary ==
<summary>
(Log inFederal Housing Enterprises Transparency and Accountability Act of 2008 - Directs the Federal Housing Board to editrequire each Federal Home Loan Bank, and the wikiDirector of the Office of Federal Housing Enterprise Oversight of the Department of Housing and beUrban Development to require the firstFederal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), to providecarry out a detailed summary ofpilot program to reduce risk through the bill!)use of electronic platforms to conduct transactions in interest rate swaps and forward rate agreements.
</summary>
<!--Leave in the 'summary' tags if you want the latest summary from the Congressional Research Service automatically to replace the text between the tags once it becomes available. -->
== Status of the Legislation ==
<status>
(Log inLatest Major Action: 5/22/2008: Referred to edit the wiki and be the firstHouse committee. Status: Referred to update the status of the bill!)House Committee on Financial Services.
</status>
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== Points in Favor ==
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== Points Against ==
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