Amendment102nd Congress
An amendment to raise the levels of assets in excess of liabilities required as operating capital standards for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), and to grant greater discretion to a newly created Office of Secondary Market Examination and Oversight in setting those levels.
- Amendment Number
- 298
- Description
- An amendment to raise the levels of assets in excess of liabilities required as operating capital standards for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), and to grant greater discretion to a newly created Office of Secondary Market Examination and Oversight in setting those levels.
- Purpose
- Amendment sought to raise the levels of assets in excess of liabilities required as operating capital standards for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), and grant greater discretion to a newly created Office of Secondary Market Examination and Oversight in setting those levels.
- Congress
- 102
- Type
- HAMDT
- Latest Action Date
- Sep 25, 1991
- Latest Action Text
- On agreeing to the Leach amendment (A001) Failed by recorded vote: 119 - 298 (Roll no. 277).
- Latest Action Time
- 13:22:13
- Submitted Date
- Sep 25, 1991
- Chamber
- House of Representatives
- Update Date
- Jun 7, 2021