H.Amdt.120 - Amendment requires Fannie Mae and Freddie Mac to take into account factors such as the health of the local or regional housing market and other factors when determining fee schedules, occupancy and pre-sale guidelines for condominium and cooperative housing mortgages. As modified, the amendment is restructured to address the purchases of condominiums and cooperative housing units instead of the availability of affordable mortgage credits for the same.
About This Bill
Passed
Latest Action · May 7, 2009
On agreeing to the Weiner amendment (A014) as modified Agreed to by voice vote. (text as modified: CR H5364)