H.R. 5823 · 112th Congress

Saving Taxpayers from Unnecessary GSE Bulk Sale Programs Act of 2012

Stage
In committee
Introduced
2012-05-17
Latest action
2012-07-11 · Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.

Summary

Saving Taxpayers from Unnecessary GSE Bulk Sale Programs Act of 2012 - Prohibits the Director of the Federal Housing Finance Agency from: (1) disposing of any real estate owned by it, by the Federal National Mortgage Association (Fannie Mae), or by the Federal Home Loan Mortgage Corporation (Freddie Mac) located in California under any initiative for bulk sales of such real estate; and (2) carrying out such initiative.