About the bill
This bill would make Fannie Mae and Freddie Mac subject to the requirements of the Freedom of Information Act, which would make their records available to the public on request.
The Federal National Mortgage Association (“Fannie Mae”) and the Federal Home Loan Mortgage Corporation (“Freddie Mac”) are government-sponsored enterprises (private corporations with federal charters that confer special privileges) that buy mortgages from lenders and either hold those mortgages in their portfolios or package the loans into mortgage-backed securities that may be sold.
To stabilize the housing market in the aftershock of the financial crisis, the Federal Housing Finance Agency (FHFA) used its authority in 2008 to place Fannie Mae and Freddie Mac into its conservatorship. In conservatorship, the government takes control of a failing financial institution with the goal of ...
Sponsor and status
Sponsor. Representative for Utah's 3rd congressional district. Republican.
Last Updated: Apr 28, 2017
Length: 4 pages
115th Congress (2017–2019)
This bill was introduced in a previous session of Congress and was passed by the House on April 27, 2017 but was never passed by the Senate.
What legislators are saying
What stakeholders are saying
H.R. 1694 (115th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 1694. This is the one from the 115th Congress.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not enacted by the end of a Congress is cleared from the books.
How to cite this information.
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GovTrack.us. (2020). H.R. 1694 — 115th Congress: Fannie and Freddie Open Records Act of 2017. Retrieved from https://www.govtrack.us/congress/bills/115/hr1694
“H.R. 1694 — 115th Congress: Fannie and Freddie Open Records Act of 2017.” www.GovTrack.us. 2017. September 24, 2020 <https://www.govtrack.us/congress/bills/115/hr1694>
Fannie and Freddie Open Records Act of 2017, H.R. 1694, 115th Cong..
|title=H.R. 1694 (115th)
|accessdate=September 24, 2020
|author=115th Congress (2017)
|date=March 23, 2017
|quote=Fannie and Freddie Open Records Act of 2017
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GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.