H.R.31 - Fannie Mae and Freddie Mac Accountability and Transparency for Taxpayers Act of 2011

To require the Inspector General of the Federal Housing Finance Agency to submit quarterly reports to the Congress during the conservatorship of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. view all titles (2)

All Bill Titles

  • Official: To require the Inspector General of the Federal Housing Finance Agency to submit quarterly reports to the Congress during the conservatorship of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. as introduced.
  • Short: Fannie Mae and Freddie Mac Accountability and Transparency for Taxpayers Act of 2011 as introduced.

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Introduced
 
House
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Senate
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President
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01/05/11
 
 
 
 
 
 
 

Official Summary

Fannie Mae and Freddie Mac Accountability and Transparency for Taxpayers Act of 2011 - Directs the Inspector General (IG) of the Federal Housing Finance Agency to submit quarterly reports to Congress on the IG's activities with respect to the Federal National Mortgage Association (Fann

Official Summary

Fannie Mae and Freddie Mac Accountability and Transparency for Taxpayers Act of 2011 - Directs the Inspector General (IG) of the Federal Housing Finance Agency to submit quarterly reports to Congress on the IG's activities with respect to the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) and their activities and condition while they are in conservatorship status. Amends the Housing and Community Development Act of 1992 to give the Federal Housing Finance Agency IG:
(1) direct hire authority; and
(2) law enforcement authority exempt from the condition that the Attorney General make an initial determination of the IG's eligibility to exercise such authority.

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