Housing Opportunity Mortgage Expansion Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jun 13, 2017)
Housing Opportunity Mortgage Expansion Act
This bill amends the Federal Home Loan Bank Act to continue Federal Home Loan Bank (FHLB) membership for captive insurance companies that became members prior to publication of the proposed (now final) 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.) The parent company must support residential mortgage activities.
What just happenedJun 13, 2017
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseJun 13, 2017
- Jun 13, 2017IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jun 13, 2017IntroReferralIntro-H
Introduced in House
- Jun 13, 2017IntroReferral1000
Introduced in House