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United States · Bill · S

S. 2909 (112th)

Rebuilding Equity Act of 2012

openUnited States· United States Congress· EN

Introduced

8 May 2012

Last action

8 May 2012 · Introduced

Status

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 112-677.

Sponsors

Sen. Merkley, Jeff [D-OR]

Subjects

Housing

Source updated

14 August 2025

Housing

Summary

Rebuilding Equity Act of 2012 - Directs the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises or GSEs) each to establish a voluntary program for borrowers who qualify for the Home Affordable Refinance Program carried out by the GSEs, in which the GSE shall pay for the closing costs associated with applying for and receiving the refinancing when the borrower agrees to refinance into a fully amoritizing loan with a term of not longer than 20 years.

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

Timeline

  1. 8 May 2012

    Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 112-677.

    Source: Committee

  2. 8 May 2012

    Introduced

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

    Source: IntroReferral

  3. 8 May 2012

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 8 May 2012

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 8 May 2012

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 8 May 2012

    Open at official source

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Sponsors

Related records

Sources

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