Bill Type
Congress Name
Long Title
AN ACT TO STRENGTHEN THE NATIONAL HOME MORTGAGE FINANCE CORPORATION (NHMFC) FOR MASS HOUSING ENDEAVORS, AMENDING FOR THE PURPOSE PRESIDENTIAL DECREE NO. 1267, AND FOR OTHER PURPOSES
Date filed
July 2, 2007
Scope
Legislative History
| House Bill/Resolution NO. HB00409 |
| FULL TITLE : AN ACT TO STRENGTHEN THE NATIONAL HOME MORTGAGE FINANCE CORPORATION (NHMFC) FOR MASS HOUSING ENDEAVORS, AMENDING FOR THE PURPOSE PRESIDENTIAL DECREE NO. 1267, AND FOR OTHER PURPOSES |
| ABSTRACT : The bill increases the capitalization of the NHMFC and to convert a portion of its loan with the Social Security System (SSS) and the Home Development Mutual Fund (HDMF) representing its accrued interests into preferred shares. |
| PRINCIPAL AUTHOR/S : ZIALCITA, EDUARDO C. |
| DATE FILED : 2007-07-02 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS (Journal Entries) : |
| 1. Teodoro (039 ) |
| ACTIONS TAKEN BY THE COMMITTEE |
| COMMITEE HEARINGS/ACTIONS: |
| 1. Under deliberation by the Mother Committee on 2008-03-13 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON HOUSING AND URBAN DEVELOPMENT ON 2007-07-30 |
Abstract
The bill increases the capitalization of the NHMFC and to convert a portion of its loan with the Social Security System (SSS) and the Home Development Mutual Fund (HDMF) representing its accrued interests into preferred shares.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.