Housing and Economic Recovery Act of 2008
Sponsor: NANCY PELOSI (D-CA)
Housing and Economic Recovery Act of 2008 - Division A: Housing Finance Reform - Federal Housing Finance Regulatory Reform Act of 2008 - Title I: Reform of Regulation of Enterprises - Subtitle A: Improvement of Safety and Soundness Supervision - (Sec. 1101) Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to replace the Office of Federal Housing Enterprise Oversight of the Department of Housing and Urban Development (HUD) with the Federal Housing Finance Agency (Agency), headed by a Director with regulatory authority over: (1) the Office of Finance; (2) the Federal Home Loan Banks (FHLBs); (3) the Federal National Mortgage Association (Fannie Mae); and (4) the Federal Home Loan Mortgage Corporation (Freddie Mac). ) Divides the Agency into Divisions of Enterprise Regulation, of Enterprise Regulation, and for Housing Mission and Goals, each headed by a Deputy Director.
Energy Topic assigned by the Congressional Research Service. CRS gives each bill one topic, based on the bill as introduced. This one carries 293 subject terms, so it spans well beyond that single label.
Who won, and how much of the country was behind them
The dotted gap is 14.4% of U.S. adults whose member did not vote, voted “present,” or whose seat was vacant.
| Side | Outcome | Votes | Share of U.S. adults |
|---|---|---|---|
| Yea | Won | 72 | 72.2% |
| Nay | Lost | 13 | 13.4% |
| Not represented on this question | No position taken | 0 | 14.4% |