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Family Foreclosure Rescue Corporation Act

To establish the Family Foreclosure Rescue Corporation to provide emergency relief to refinance home mortgages of homeowners in foreclosure or default.

Other Bill Titles (2 more)

11/9/2007--Introduced.
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... moreSee Full Bill Text

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IntroducedresultVoted on by HouseresultVoted on by SenateresultConsidered By PresidentresultBill Becomes Law
November 09, 2007
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October 04, 2008 Economic Stabilization Bill Signed into Law

One of those, HR 4135, would revive an FDR institution during the Great Depression called Home Owners' Loan Corporation (HOLC). HOLC would buy mortgages from lenders and then refinance loans to prevent foreclosures. ...

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Source: Congressman Mike Honda: On the Issues


October 03, 2008 LULAC Supports Economic Recovery Package

We encourage our Representatives to include Congressman Baca’s legislation—HR 4135, the Family Foreclosure Rescue Corporation, in the final package to ensure homeowners at risk of foreclosure receive assistance. ...

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Source: srf1.dreamhosters.com


July 15, 2008 Foreclosure Rescue Corporation Act

To read the full contents of this Bill go to http://thomas.loc.gov/ and search under Bill number HR 4135. Denise Wing, CEO Certified Mortgage Lender Academy National Mortgage Corporation 303-987-0622 dwing@academynational.net.

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Source: Denver Colorado Home Loans Academy National...


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