Search Results: keywords:"freddie mac"

  • H. R. 1209 — To require the Secretary of the Treasury to submit to the Congress completed proposals for the termination of the conservatorships of Fannie Mae and Freddie Mac, and for other purposes.
    Status:Introduced in House
    Words:434

    H.R. 1209 is a bill that requires the Secretary of the Treasury to present to Congress detailed plans for ending the conservatorships of Fannie Mae and Freddie Mac, which are government-backed mortgage providers. The bill mandates that the Secretary submit a report within 30...

    Simple Explanation

    H.R. 1209 is a bill that asks a government worker (the Secretary of the Treasury) to make a plan for two big money companies (Fannie Mae and Freddie Mac) to stop being run by the government and go back to being on their own. The worker has to give these plans to Congress quickly and let them know if the plans are ready or still being worked on.

  • S. 3561 — To protect consumers from price gouging of residential rental and sale prices, and for other purposes.
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    Status:Introduced in Senate
    Words:3,084

    S. 3561, known as the “Housing Oversight and Mitigating Exploitation Act of 2024” or the “HOME Act of 2024,” aims to protect consumers from price gouging in residential rental and sale markets during housing crises. The bill establishes regulations for defining and addressing...

    Simple Explanation

    The HOME Act of 2024 is a plan to make sure the prices of houses and rent don't go too high during a housing problem, and it gives special rules to make it fair for people trying to buy or rent a home. It also checks for anyone being unfair in how they set prices or screen renters, and sets up ways to help those who need more affordable homes.