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United States · Bill · HR

H.R. 3084 (112th)

Mortgage Credit Availability Act of 2011

referredUnited States· United States Congress· EN

Introduced

3 October 2011

Last action

21 October 2011 · Referred

Status

Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.

Sponsors

Rep. Quigley, Mike [D-IL-5], Rep. Dold, Robert J. [R-IL-10]

Subjects

Housing

Source updated

14 August 2025

Housing

Official sourceDownload fileView documentsShare

Summary

Mortgage Credit Availability Act of 2011 - Requires the Director of the Federal Housing Finance Agency, for 2012-2014, to determine for each county witha population exceeding one million individuals whether a significant share of the county population resides, as of the commencement of each such year, in sub-areas of the county for which the median price for a one-, two-, three-, or four-family residence is more than three times the national median price for such a residence. Authorizes the Director, with respect to any such county, to increase the limitation on the maximum original principal obligation of a mortgage that may be purchased by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) for any size or sizes of residences for a contiguous, reasonably compact set of sub-areas within the county for which the median price exceeds three times the national price. Applies to an entire Metropolitan Statistical Area (MSA) any such increase in limitation if the county for which the limitation is increased is located in that MSA.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 3 October 2011

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 3 October 2011

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 3 October 2011

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 21 October 2011

    Referred

    Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.

    Source: Committee

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 3 October 2011

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 3 October 2011

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 3 October 2011

    Open at official source

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Sponsors

Related records

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Sources

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