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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.
previous 110th session of congress Other Bill Titles (2 more) 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 ... more
Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced |  | Voted on by House | | Voted on by Senate | | Considered By President | | Bill Becomes Law |
| April 08, 2008 |
In the News
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Blog Coverage
April 28, 2008 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. ...
Source: GovTrack.us
April 14, 2008 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 ·
April 12, 2008 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 ...
Source: Legislative News from NASFAA
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