United States 112th Congress Status: Died 1 D cosponsors

S 1508 — Homeownership Affordability Act of 2011

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

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. Died in session

This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Homeownership Affordability Act of 2011 - Extends through December 31, 2013, specified loan limits for the Federal Housing Administration (FHA), the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises), and the Department of Veterans Affairs. Directs the Federal Housing Finance Agency to increase mortgage guarantee fees charged by Fannie Mae and Freddie Mac for mortgage loans of between $625,500 and $729,750 originated between October 1, 2011 and December 31, 2013, in an amount necessary to increase by $336 million the revenue raised from such fees.

Bill Text

We don't have the full text on file for this bill yet.

Read S 1508 on the official United States source →

Action History

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

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

housing veterans
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does S 1508 do?
Homeownership Affordability Act of 2011 - Extends through December 31, 2013, specified loan limits for the Federal Housing Administration (FHA), the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises), and the Department of Veterans Affairs. Directs the Federal Housing Finance Agency to increase mortgage guarantee fees charged by Fannie Mae and Freddie Mac for mortgage loans of between $625,500 and $729,750 originated between October 1, 2011 and December 31, 2013, in an amount necessary to increase by $336 million the revenue raised from such fees.
Who sponsors S 1508?
S 1508 is sponsored by Robert Menendez (D).
What is the current status of S 1508?
This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track S 1508?
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