H.R. 1227 · 112th Congress
GSE Risk and Activities Limitation Act of 2011
- Stage
- In committee
- Sponsor
- David Schweikert
- Introduced
- 2011-03-29
- Latest action
- 2011-04-06 · Subcommittee Consideration and Mark-up Session Held.
Summary
GSE Risk and Activities Limitation Act of 2011 - Amends the Housing and Community Development Act of 1992 to prohibit the Director of the Federal Housing Finance Agency from approving any new products of the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) (Government-sponsored enterprises or GSEs) during any term of conservatorship or receivership.