U.S. Congress - H.R.5723 Emergency Student Loan Market Liquidity Act
H.R.5723 - Emergency Student Loan Market Liquidity Act
To amend the Federal Home Loan Bank Act to allow Federal home loan banks to invest surplus funds in student loan securities and make advances for student loan financing, and for other purposes. view all titles (2)
All Bill Titles
- Short: Emergency Student Loan Market Liquidity Act as introduced.
- Official: To amend the Federal Home Loan Bank Act to allow Federal home loan banks to invest surplus funds in student loan securities and make advances for student loan financing, and for other purposes. as introduced.
This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.
Bill's Views
- Today: 2
- Past Seven Days: 6
- All-Time: 1,166
|
|
|
|
|
|
|
|
Committees
Official Summary
4/8/2008--Introduced.Emergency Student Loan Market Liquidity Act - Amends the Federal Home Loan Bank Act to allow federal home loan banks to: (1) invest surplus funds in student loan securities; (2) accept student loans and student loan-related securities as collateral; and (3) provide secOfficial Summary
4/8/2008--Introduced.Emergency Student Loan Market Liquidity Act - Amends the Federal Home Loan Bank Act to allow federal home loan banks to:
(1) invest surplus funds in student loan securities;
(2) accept student loans and student loan-related securities as collateral; and
(3) provide secured long-term advances to member banks so that they can finance the origination of student loans or purchase or finance student loan-related securities. Limits the application of this Act to Federal Family Education Loans (FFELs) made under the Higher Education Act of 1965. Makes the banks' authority effective for investments and advances made between February 1, 2008, and two years after this Act's enactment.
...Read the Rest
Recent News Coverage
Hmmmm, no news coverage found for this bill at this time. This means that this this bill has not yet been mentioned on a publicly-searchable news website by either its official number (for example, "H.R. 3200") or title (for example, "America's Affordable Health Choices Act of 2009"). As soon as that changes, our daily automated search across the Web will catch it and include it here. If this bill is of interest to you, you can write a letter to the editor referring to this bill by name, and if your letter is published on the Web, a link back your letter will appear here within about one day. Or, if you know of a news article about this bill to display here, email us the web address of this page and the web address of your suggested news article: Our editorial team will post relevant links as quickly as possible. Thanks for helping to build public knowledge about Congress.
Recent Blog Coverage
Student Loan Bailout Bills Rife with Fiscal Pitfalls : GovTrack.us
The four bills in question are HR 5715, S 2815, HR 5723, and S 2847.The latter two are more limited in scope, authorizing lenders to borrow funds from the Federal home loan bank using student loans as collateral. ...
OpenCongress - U.S. Congress - S.2847 Emergency Student Loan ...
Related Bills:. H.R.5723. Related Issue Areas:. Surety and fidelity · Student loan funds · Securities · Investments · 7 more · Higher education · Federally-guaranteed loans · Federal home loan banks ·
Congressman Kanjorski Introduces Student Loan Liquidity Legislation
The Emergency Student Loan Market Liquidity Act (H.R. 5723) would give federal home loan Banks emergency authority to provide student lenders access to capital. "The student loan market currently faces severe liquidity problems and ...
Vote on This Bill
-
Share This Bill
More Share via Email
