S. 2909 (112th): Rebuilding Equity Act of 2012

May 08, 2012 (112th Congress, 2011–2013)
Died (Referred to Committee)
See Instead:

H.R. 6467 (same title)
Referred to Committee — Sep 20, 2012

S. 3520 (same title)
Referred to Committee — Aug 02, 2012

Jeff Merkley
Junior Senator from Oregon
Read Text »
Last Updated
May 08, 2012
2 pages
Related Bills
S. 1375 (113th) was a re-introduction of this bill in a later Congress.

Referred to Committee
Last Action: Jul 25, 2013

H.R. 6467 (Related)
Rebuilding Equity Act of 2012

Referred to Committee
Last Action: Sep 20, 2012


This bill was introduced on May 8, 2012, in a previous session of Congress, but was not enacted.

Introduced May 08, 2012
Referred to Committee May 08, 2012
Full Title

A bill to require closing costs to be paid by the enterprises with respect to certain refinanced mortgage loans, and for other purposes.


No summaries available.


Senate Banking, Housing, and Urban Affairs

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Primary Source

THOMAS.gov (The Library of Congress)

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S. stands for Senate bill.

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

Rebuilding Equity Act of 2012 - Directs the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises or GSEs) each to establish a voluntary program for borrowers who qualify for the Home Affordable Refinance Program carried out by the GSEs, in which the GSE shall pay for the closing costs associated with applying for and receiving the refinancing when the borrower agrees to refinance into a fully amoritizing loan with a term of not longer than 20 years.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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