Housing Opportunity Mortgage Expansion Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jan 30, 2018)
Housing Opportunity Mortgage Expansion Act
This bill amends the Federal Home Loan Bank Act to allow the continuation or restoration of Federal Home Loan Bank (FHLB) membership for captive insurance companies that became members prior to finalization of a specified Federal Housing Finance Agency rule ending their FHLB membership. (A captive insurance company underwrites insurance for its parent company and does not provide insurance to the public.)
What just happenedJan 30, 2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
- Introduced in SenateJan 30, 2018
- Jan 30, 2018IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Jan 30, 2018IntroReferral10000
Introduced in Senate