H.R. 1223 · 112th Congress
GSE Credit Risk Equitable Treatment Act of 2011
- Stage
- In committee
- Sponsor
- Scott Garrett
- Introduced
- 2011-03-29
- Latest action
- 2011-04-06 · Subcommittee Consideration and Mark-up Session Held.
Summary
GSE Credit Risk Equitable Treatment Act of 2011 - Amends the Securities Exchange Act of 1934 to require that credit risk retention regulations ensure that there is no difference in the treatment of asset-backed securities securitized by the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporatioin (Freddie Mac) (government-sponsored enterprises or GSEs), solely because of securitization by the GSE, from the treament of other asset-backed securities securitized by any other entity.