Amendment sought to provide that, if, as a result of a GAO report, the Director of the Federal Housing Finance Agency determines that the Affordable Housing Fund is increasing mortgage costs for consumers, he may suspend the assessment of Freddie Mac and Fannie Mae.

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Amendment Number
209
Description
Amendment sought to provide that, if, as a result of a GAO report, the Director of the Federal Housing Finance Agency determines that the Affordable Housing Fund is increasing mortgage costs for consumers, he may suspend the assessment of Freddie Mac and Fannie Mae.
Purpose
An amendment numbered 14 printed in the Congresssional Record to add a new subsection on determination and suspension of allocations.
Congress
110
Type
HAMDT
Latest Action Date
May 17, 2007
Latest Action Text
On agreeing to the McHenry amendment (A007) Failed by recorded vote: 176 - 240 (Roll no. 380).
Latest Action Time
21:34:10
Submitted Date
May 17, 2007
Chamber
House of Representatives
Update Date
Dec 5, 2020
Amendment 209 — Informed