S.2346 - PROMISE Act

A bill to temporarily increase the portfolio caps applicable to Freddie Mac and Fannie Mae, to provide the necessary financing to curb foreclosures by facilitating the refinancing of at-risk subprime borrowers into safe, affordable loans, and for other purposes. view all titles (3)

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  • Official: A bill to temporarily increase the portfolio caps applicable to Freddie Mac and Fannie Mae, to provide the necessary financing to curb foreclosures by facilitating the refinancing of at-risk subprime borrowers into safe, affordable loans, and for other purposes. as introduced.
  • Short: PROMISE Act as introduced.
  • Short: Promoting Refinancing Opportunities for Mortgages Impacted by the Subprime Emergency Act of 2007 as introduced.

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