H.R. 2394 · 111th Congress

Family Foreclosure Rescue Corporation Act

Stage
In committee
Sponsor
Joe Baca
Introduced
2009-05-13
Latest action
2009-05-13 · Introduced in House

Summary

Family Foreclosure Rescue Corporation Act - Instructs the Secretary of the Treasury to establish the Family Foreclosure Rescue Corporation to acquire, via the sale of bonds, home mortgages and other obligations and liens secured by real estate which are currently in default or at foreseeable risk of default.