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H.R.1427 - Federal Housing Finance Reform Act of 2007
To reform the regulation of certain housing-related Government-sponsored enterprises, and for other purposes.
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||An amendment numbered 1 printed in the Congressional Record to set a cap on the amount of funds available in the Affordable Housing Fund.
||An amendment numbered 30 printed in the Congressional Record to strike the Affordable Housing Trust Fund budgetary placeholder language in the bill.
||An amendment designated as the second amendment numbered 22 printed in the Congressional Record to prohibit GSE's from treating the costs of making allocations to the affordable housing funds as either regular business expenses or redirecting the costs through increased fees, decreased premiums, or any other manner.
|May 24, 2007||Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|May 22, 2007||The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 1427.
|May 22, 2007||Motion to reconsider laid on the table Agreed to without objection.
Result: Passed - May 22, 2007
Question: On Passage: H R 1427 Federal Housing Finance Reform Act
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