Ginnie Mae Oversight and Accountability Act of 2021
- Last Action
- 4/1/2021
Actions
- 2021-04-01Referred to the House Committee on Financial Services.
- 2021-04-01Introduced in House
- 2021-04-01Introduced in House
CRS Summary
As of 2021-04-01 (00)
Ginnie Mae Oversight and Accountability Act of 2021
This bill requires the Government National Mortgage Association (Ginnie Mae) to annually testify before the appropriate congressional committees regarding the financial status of Ginnie Mae, the performance of its securities and the issuers of such securities, and any administrative or market challenges faced by Ginnie Mae's business model. (Ginnie Mae guarantees mortgage-backed securities linked to federally-backed mortgages.)
Subjects
- Congressional oversight
- Government corporations and government-sponsored enterprises
- Government lending and loan guarantees
- Housing finance and home ownership
- Securities
Sourced from Congress.gov (public domain).
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