s 1 33905 1106715600 false 1148529600 1122523200 190 4260 109 300050

<br/>1/26/2005--Introduced.<br/>Federal Housing Enterprise Regulatory Reform Act of 2005 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to establish: (1) in lieu of the Office of Federal Housing Enterprise Oversight of the Department of Housing and Urban Development (HUD), an independent Federal Housing Enterprise Regulatory Agency which shall have authority over the Federal Home Loan Bank Finance Corporation, the Federal Home Loan Banks, the Federal National Mortgage Association (Fannie Mae), and the Federal Home Loan Mortgage Corporation (Freddie Mac); and (2) the Federal Housing Enterprise Board.<br/>Sets forth operating, administrative, and regulatory provisions of the Agency, including provisions respecting: (1) assessment authority; (2) authority to limit nonmission-related assets; (3) minimum and critical capital levels; (4) risk-based capital test; (5) capital classifications and undercapitalized enterprises; (6) enforcement actions and penalties; (7) golden parachutes; and (8) reporting. Amends the Federal Home Loan Bank Act to establish the Federal Home Loan Bank Finance Corporation. Transfers the functions of the Office of Finance of the Federal Home Loan Banks to such Corporation.<br/>Excludes the Federal Home Loan Banks from certain securities reporting requirements.<br/>Abolishes the Federal Housing Finance Board.<br/>

introduced 33905 'act':6 '2005':8 'hous':2 'feder':1 'reform':5 'enterpris':3 'regulatori':4 29882 short introduced 33905 'bill':2 'regul':6 'market':10 'purpos':15 'address':4 'mortgag':9 'enterpris':11 'secondari':8 29883 official action 33905 1122523200 Thu Jul 28 00:00:00 -0500 2005 65389 Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably. H001028 1946-10-04 488 Charles 'charl':1,3,6 'chuck':5 'hagel':2,4,7 M 300050 Hagel Chuck_Hagel T. Charles Hagel 90 Chuck N00005301 6247 Republican Episcopalian Charles Hagel 3.66666666666667 D000601 1936-07-29 4765 Elizabeth 'dole':2,4,6 'elizabeth':1,3,5 F 300035 Dole Elizabeth_Dole H. Elizabeth Dole 2257 N00008071 7486 Republican Presbyterian Elizabeth Dole 5.0 M000303 1936-08-29 41271 241 Russell Senate Office Building http://mccain.senate.gov/public/index.cfm?FuseAction=Contact.ContactForm 202-228-2862 John 'r':4 'az':5 'sen':1 'john':2,6,8 'mccain':3,7,9 M 300071 McCain John_McCain S. Sen. John McCain [R, AZ] 16492 N00006424 36660 Republican 202-224-2235 Episcopalian AZ John McCain 3.96739130434783 http://mccain.senate.gov/ S001078 1964-09-10 3236 John 'john':1,3,5 'sununu':2,4,6 M 300095 Sununu John_Sununu E. John Sununu 1660 N00000397 5252 Republican Catholic John Sununu action 33905 1122523200 Thu Jul 28 00:00:00 -0500 2005 65389 Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably. introduced 33905 1106715600 Wed Jan 26 00:00:00 -0600 2005 65387 action 33905 1106715600 Wed Jan 26 00:00:00 -0600 2005 65388 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.