United States · Bill · HR
H.R. 1224 (112th)
GSE Portfolio Risk Reduction Act of 2011
Introduced
29 March 2011
Last action
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Status
Forwarded by Subcommittee to Full Committee (Amended) by the Yeas and Nays: 20 - 14 .
Sponsors
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Subjects
Discovery layer
Source updated
14 August 2025
Summary
GSE Portfolio Risk Reduction Act of 2011 - Amends the Housing and Community Development Act of 1992 to prohibit the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises or GSEs) from owning mortgage assets in excess of: (1) $700 billion one year after enactment of this Act; (2) $600 billion two years after enactment of this Act; (3) $475 billion three years after enactment of this Act; (4) $350 billion four years after enactment of this Act; and (5) $250 billion five years after enactment of this Act.
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 29 March 2011
Introduced in House (PDF)
Introduced in House · EN · 29 March 2011
Introduced in House
summary · EN · 29 March 2011
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/112th-congress/house-bill/1224
- Open data entity: https://api.congress.gov/v3/bill/112/hr/1224