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H.R. 5823: Saving Taxpayers from Unnecessary GSE Bulk Sale Programs Act of 2012

To prohibit the Federal Housing Finance Agency from disposing of certain real estate-owned of such Agency, the Federal National Mortgage Association, and the Federal Home Loan Mortgage Corporation, under the initiative of such Agency for bulk sales of real estate-owned.
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Introduced : Thu, May 17, 2012
Sponsor : Rep. Miller, Gary G. (CA-42nd [R])
Status : introduced Thu, May 17, 2012

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Popularity Survey

No Change

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May-13
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Co-Sponsors
Member of the congressJoined date
Rep. Chu, Judy M. (CA-32nd [D]) Thu, May 17, 2012
Rep. Schiff, Adam B. (CA-29th [D]) Fri, Jun 1, 2012
Rep. Lofgren, Zoe (CA-16th [D]) Wed, Jul 18, 2012
Rep. Gallegly, Elton W. (CA-24th [R]) Fri, May 18, 2012
Rep. Calvert, Ken S. (CA-44th [R]) Thu, May 17, 2012
Rep. Rohrabacher, Dana T. (CA-46th [R]) Thu, May 17, 2012
Rep. Lee, Barbara J. (CA-9th [D]) Mon, Jun 18, 2012
Rep. Baca, Joe (CA-43rd [D]) Thu, May 17, 2012
Rep. Sherman, Brad J. (CA-27th [D]) Thu, May 17, 2012
Rep. Davis, Susan A. (CA-53rd [D]) Thu, May 17, 2012
Actions
DateTypeDescriptionResult
1/1/0001 action Referred to the House Committee on Financial Services.
1/1/0001 action Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Rolls
Committee Assignments
CommitteeSubCommitteeActivity
House Financial Services Referral, In Committee
House Financial Services Capital Markets and Government Sponsored Enterprises Referral
Subject Terms
Housing and community development
California
Federal Housing Finance Agency
Government buildings, facilities, and property
Government corporations and government-sponsored enterprises
Housing finance and home ownership
Real estate business
Related Legislative
Amendments
Titles Assigned
TypeASTitle
short introduced Saving Taxpayers from Unnecessary GSE Bulk Sale Programs Act of 2012
official introduced To prohibit the Federal Housing Finance Agency from disposing of certain real estate-owned of such Agency, the Federal National Mortgage Association, and the Federal Home Loan Mortgage Corporation, under the initiative of such Agency for bulk sales of real estate-owned.

SUMMARY:

5/17/2012--Introduced. Saving Taxpayers from Unnecessary GSE Bulk Sale Programs Act of 2012 - Prohibits the Director of the Federal Housing Finance Agency from: (1) disposing of any real estate owned by it, by the Federal National Mortgage Association (Fannie Mae), or by the Federal Home Loan Mortgage Corporation (Freddie Mac) located in California under any initiative for bulk sales of such real estate; and (2) carrying out such initiative.
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