H.R. 3129 · 112th Congress
Family Foreclosure Rescue Corporation Act
- Stage
- In committee
- Sponsor
- Joe Baca
- Introduced
- 2011-10-06
- Latest action
- 2012-01-12 · Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
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.