GSE Review and Reform Act of 2016

1/11/2023, 1:32 PM

GSE Review and Reform Act of 2016

This bill amends the Consumer Financial Protection Act of 2010 to require the Department of the Treasury to make annual studies (currently, just one) of specified options for ending the conservatorship of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), while minimizing the cost to taxpayers.

Congress
114

Number
HR - 5505

Introduced on
2016-06-16

# Amendments
0

Sponsors
+5

Variations and Revisions

6/16/2016

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

GSE Review and Reform Act of 2016

This bill amends the Consumer Financial Protection Act of 2010 to require the Department of the Treasury to make annual studies (currently, just one) of specified options for ending the conservatorship of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), while minimizing the cost to taxpayers.

Alternative Names
Official Title as IntroducedTo amend the Consumer Financial Protection Act of 2010 to require annual studies on ending the conservatorship of Fannie Mae, Freddie Mac, and for other purposes.

Policy Areas
Finance and Financial Sector

Potential Impact
Government corporations and government-sponsored enterprises
Government studies and investigations
Housing finance and home ownership

Comments

Recent Activity

Latest Summary9/30/2016

GSE Review and Reform Act of 2016

This bill amends the Consumer Financial Protection Act of 2010 to require the Department of the Treasury to make annual studies (currently, just one) of specified options for ending the conservators...


Latest Action6/16/2016
Referred to the House Committee on Financial Services.