Advertisement
 

Thursday, June 16, 2005

HR 1461: the story so far

Here's a selection of links (feel free to suggest others) on HR 1461, the bill that would consolidate and overhaul regulation of Fannie Mae, Freddie Mac, and the Federal Home Loan Banks and would also create a low-income housing fund:
- Bill status and original text from THOMAS.
- The Affordable Housing Institute blog's early take on the proposal.
- Secretary Jackson of HUD offering faint praise for it as not quite tough enough.
- Mixed reviews from the American Enterprise Institute's Shadow Financial Regulatory Committee on the issue of limiting the Fannie Mae and Freddie Mac portfolios.
- The National Housing Trust Fund Campaign on the affordable housing proposal.
- NLIHC extremely happy at the housing fund's approval by the full House Financial Services Committee on May 25.
- The Affordable Housing Institute blog noting multifarious criticisms of the May 25 version, some of these from affordable housing advocates, and thence launching into detailed discussion of what's at stake. Further discussion here and here and here.
- Wisconsin Democrats on an anti-redlining amendment.
- The Financial Services Committee's own summary of the bill as amended.
- A more detailed summary from the Federal Home Loan Bank of Pittsburgh
- The National Association of Home Builders' qualified praise.
- Stronger praise from the Mortgage Bankers' Association.
- Fannie Mae's own statement.
To read more please refer to our Archives
(see links in right-hand column).
Advertisement