Federal Housing Finance Reform Act of 2007

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{{Economic Policy (U.S.)|congress=110|bill=h1427}}
 
{{Economic Policy (U.S.)|congress=110|bill=h1427}}
  
The '''Federal Housing Finance Reform Act of 2007''' (H.R.1427) was a bill in the [[110th Congress]] "to reform the regulation of certain housing-related Government-sponsored enterprises, and for other purposes." (Official title.)<ref name="OpenCongress info">OpenCongress’ info page on [http://www.opencongress.org/bill/110-h1427/show Federal Housing Finance Reform Act of 2007(H.R.1427)].</ref>
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{{Article summary| The '''Federal Housing Finance Reform Act of 2007''' (H.R.1427) was a bill in the [[110th Congress]] "to reform the regulation of certain housing-related Government-sponsored enterprises, and for other purposes." (Official title.)OpenCongress’ info page on [http://www.opencongress.org/bill/110-h1427/show Federal Housing Finance Reform Act of 2007(H.R.1427)]. }}
  
==Current status==
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== Current status ==
  
<USbillinfo congress="110" bill="H.1427" />
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<usbillinfo congress="110" bill="H.1427">></usbillinfo>
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== Bill summary ==
  
==Bill summary==
 
 
The House of Representative's summary on [http://www.house.gov/apps/list/press/financialsvcs_dem/hr1427summary030907.pdf Federal Housing Finance Reform Act of 2007]
 
The House of Representative's summary on [http://www.house.gov/apps/list/press/financialsvcs_dem/hr1427summary030907.pdf Federal Housing Finance Reform Act of 2007]
  
==Key votes==
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== Key votes ==
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<usvoteinfo year="2007" chamber="house" rollcall="378">></usvoteinfo>
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{{Record vote display|U.S. House of Representatives record vote 378, 110th Congress, Session 1}}
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<usvoteinfo year="2007" chamber="house" rollcall="387">></usvoteinfo> {{Record vote display|U.S. House of Representatives record vote 387, 110th Congress, Session 1}}
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<br/><usvoteinfo year="2007" chamber="house" rollcall="391">></usvoteinfo> {{Record vote display|U.S. House of Representatives record vote 391, 110th Congress, Session 1}}
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<br/><usvoteinfo year="2007" chamber="house" rollcall="396">></usvoteinfo>
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== Supporters ==
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*[http://www.mbaa.org/ Mortgage Bankers Association]
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*[http://www.nahb.org/ National Association of Home Builders]
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*[http://www.realtor.org/ National Association of Realtors]
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*[http://www.nlihc.org/template/index.cfm National Low Income Housing Coalition]
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[http://www.kwikcash.co.uk payday loans]
  
<USvoteinfo year="2007" chamber="house" rollcall="396" />
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== Articles and resources ==
  
==Supporters==
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=== See also ===
* [http://www.mbaa.org/ Mortgage Bankers Association]
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* [http://www.nahb.org/ National Association of Home Builders]
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* [http://www.realtor.org/ National Association of Realtors]
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* [http://www.nlihc.org/template/index.cfm National Low Income Housing Coalition]
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==Articles and resources==
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[http://www.paydaybank.co.uk/paydaybank-comparison-with-the-money-shop.aspx money shop]
  
===See also===
 
 
*Speaker Nancy Pelosi's Statement on [http://speaker.gov/newsroom/pressreleases?id=0182 Federal Housing Finance Reform Act]
 
*Speaker Nancy Pelosi's Statement on [http://speaker.gov/newsroom/pressreleases?id=0182 Federal Housing Finance Reform Act]
*Congressional Budget Office's cost estimate on [http://www.cbo.gov/ftpdocs/93xx/doc9366/Senate_Housing.pdf Federal Housing Finance Reform Act of 2007] as ordered by the Senate Committee on Banking, Housing and Urban Affairs on May 20, 2008.  
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*Congressional Budget Office's cost estimate on [http://www.cbo.gov/ftpdocs/93xx/doc9366/Senate_Housing.pdf Federal Housing Finance Reform Act of 2007] as ordered by the Senate Committee on Banking, Housing and Urban Affairs on May 20, 2008.
 
*Inman News[http://www.inman.com/news/2007/10/5/congressman-calls-6-month-increase-in-gses-portfolios Congressman calls for 6-month increase in GSEs' portfolios] October 12, 2007.
 
*Inman News[http://www.inman.com/news/2007/10/5/congressman-calls-6-month-increase-in-gses-portfolios Congressman calls for 6-month increase in GSEs' portfolios] October 12, 2007.
 
*MSNBC [http://www.msnbc.msn.com/id/17485336/ Bernanke seeks stronger mortgage regulation] March 6, 2007.
 
*MSNBC [http://www.msnbc.msn.com/id/17485336/ Bernanke seeks stronger mortgage regulation] March 6, 2007.
  
===References===
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=== References ===

Revision as of 14:28, March 7, 2013

Back to main bill page for votes, text and more.

Article summary (how summaries work)
The Federal Housing Finance Reform Act of 2007 (H.R.1427) was a bill in the 110th Congress "to reform the regulation of certain housing-related Government-sponsored enterprises, and for other purposes." (Official title.)OpenCongress’ info page on Federal Housing Finance Reform Act of 2007(H.R.1427).


Contents

Current status


To reform the regulation of certain housing-related Government-sponsored enterprises, and for other purposes.
Sponsor: Barney FrankCommittees: House Financial Services, Senate Banking, Housing, and Urban Affairs


Bill summary

The House of Representative's summary on Federal Housing Finance Reform Act of 2007

Key votes

House Record Vote (378)
May 17, 2007
On Agreeing to the Amendment: Amendment 1 to H R 1427
On Agreeing to the Amendment
Percentage of 'Aye' votes: 33% - Failed
Required percentage of 'Aye' votes: 1/2 (50%)
148
Ayes
269
Nays
 DemRep Other
Ayes01480
Nays226430
Abst.9110

Same for all scorecards:

Scored vote

Scorecard: Club For Growth 2007 House Scorecard

Org. position: {{{Vote position 1}}}

Description:

"Vote on the Bachus amendment that would defund an affordable housing fund. The pro-growth vote was "nay" because the proposed fund would have been used to finance pro-spending activist groups. Failed 148-269."

(Original scorecard available at: http://www.clubforgrowth.org/2008/05/the_2007_congressional_scoreca.php)

House Record Vote (387)
May 22, 2007
On Agreeing to the Amendment: Amendment 14 to H R 1427
On Agreeing to the Amendment
Percentage of 'Aye' votes: 53% - Agreed to
Required percentage of 'Aye' votes: 1/2 (50%)
235
Ayes
188
Nays
 DemRep Other
Ayes461890
Nays18170
Abst.860
Same for all scorecards:
Scored vote

Scorecard: National Journal 2007 House Scorecard

Org. position: {{{Vote position 1}}}

Description:

"Require owners or renters in affordable-housing residences to prove their legal residency. May 22. (235-188)"

(Original scorecard available at: http://www.nationaljournal.com/voteratings/house_votes.htm)



House Record Vote (391)
May 22, 2007
On Agreeing to the Amendment: Amendment 21 to H R 1427
On Agreeing to the Amendment
Percentage of 'Aye' votes: 49% - Agreed to
Required percentage of 'Aye' votes: 1/2 (50%)
217
Ayes
205
Nays
 DemRep Other
Ayes341830
Nays193120
Abst.870
Same for all scorecards:
Scored vote

Scorecard: National Journal 2007 House Scorecard

Org. position: {{{Vote position 1}}}

Description:

"Bar federal housing banks from processing mortgages to an individual without a valid Social Security number. May 22. (217-205)"

(Original scorecard available at: http://www.nationaljournal.com/voteratings/house_votes.htm)


House Record Vote (396)
May 22, 2007
On Passage: H R 1427 Federal Housing Finance Reform Act
On Passage
Percentage of 'Aye' votes: 72% - Passed
Required percentage of 'Aye' votes: 1/2 (50%)
313
Ayes
104
Nays
 DemRep Other
Ayes223900
Nays01040
Abst.870

Supporters

payday loans

Articles and resources

See also

money shop

References

Toolbox

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