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H.R. 1694: Fannie and Freddie Open Records Act of 2017

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About the bill

Source: Republican Policy Committee

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 ...

Sponsor and status

Photo of sponsor Jason Chaffetz

Jason Chaffetz

Sponsor. Representative for Utah's 3rd congressional district. Republican.

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Last Updated: Apr 28, 2017
Length: 4 pages
Introduced:

Mar 23, 2017

Status:

Passed House (Senate next) on Apr 27, 2017

This bill passed in the House on April 27, 2017 and goes to the Senate next for consideration.

Prognosis:

2% chance of being enacted according to Skopos Labs (details)

What stakeholders are saying

Institute for Spending Reform: SpendingTracker.org estimates H.R. 1694 will spend $218 million through 2027.

History

Mar 23, 2017
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

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Mar 28, 2017
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

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Apr 24, 2017
 
Reported by House Committee on Oversight and Government Reform

A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.

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Apr 27, 2017
 
Passed House (Senate next)

The bill was passed in a vote in the House. It goes to the Senate next.

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Pending
 
Passed Senate

Pending
 
Signed by the President

H.R. 1694 is 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.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 1694 — 115th Congress: Fannie and Freddie Open Records Act of 2017.” www.GovTrack.us. 2017. September 20, 2018 <https://www.govtrack.us/congress/bills/115/hr1694>

Where is this information from?

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.