S 3040 · 117th Congress

No GSE Subsidies for Investor Properties Act

<p><strong>No GSE Subsidies for Investor Properties Act </strong></p> <p>This bill prohibits government-sponsored enterprises (i.e., Fannie Mae and Freddie Mac) from purchasing or acquiring a mortgage secured by an investor property loan (i.e., a property comprised of 1-to-4 family dwelling units that is not the pr…

Sponsor

Toomey, Patrick (R-PA)

Introduced

2021-10-21

Policy area

Finance and Financial Sector

Latest action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.