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HR 5823 112th Congress House

Saving Taxpayers from Unnecessary GSE Bulk Sale Programs Act of 2012

Official title: To prohibit the Federal Housing Finance Agency from disposing of certain real estate-owned of such Agency, the Federal National Mortgage Association, and the F… Show full official titleShow less

Official title: To prohibit the Federal Housing Finance Agency from disposing of certain real estate-owned of such Agency, the Federal National Mortgage Association, and the Federal Home Loan Mortgage Corporation, under the initiative of such Agency for bulk sales of real estate-owned.

Introduced: July 18, 2012 See on congress.gov
Housing and Community Development CaliforniaFederal Housing Finance AgencyGovernment buildings, facilities, and propertyGovernment corporations and government-sponsored enterprises
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Housing finance and home ownershipReal estate business
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This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 11, 2012
Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
May 17, 2012
Referred to the House Committee on Financial Services.
May 17, 2012
Introduced in House
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 Latest action July 11, 2012

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

 Plain-English summary Congressional Research Service

Saving Taxpayers from Unnecessary GSE Bulk Sale Programs Act of 2012 - Prohibits the Director of the Federal Housing Finance Agency from: (1) disposing of any real estate owned by it, by the Federal National Mortgage Association (Fannie Mae), or by the Federal Home Loan Mortgage Corporation (Freddie Mac) located in California under any initiative for bulk sales of such real estate; and (2) carrying out such initiative.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 8
All 8 Democratic 4 Republican 1
D
Lofgren, Zoe
California · Jul 18, 2012
 D
Schiff, Adam B.
California · Jun 1, 2012
GALLEGLY, ELTON
· May 18, 2012
BACA, JOE
· May 17, 2012
 R
Calvert, Ken
California · May 17, 2012
 D
Chu, Judy
California · May 17, 2012
ROHRABACHER, DANA
· May 17, 2012
 D
Sherman, Brad
California · May 17, 2012
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5823: Saving Taxpayers from Unnecessary GSE Bulk Sale Programs Act of 2012. 112th Congress. Open America. https://openamerica.io/bill/112-HR-5823/
MLA
"H.R. 5823: Saving Taxpayers from Unnecessary GSE Bulk Sale Programs Act of 2012." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-HR-5823/.
Bluebook (legal)
H.R. 5823, 112th Cong. (2026), https://openamerica.io/bill/112-HR-5823/.
Markdown link
[H.R. 5823: Saving Taxpayers from Unnecessary GSE Bulk Sale Programs Act of 2012](https://openamerica.io/bill/112-HR-5823/)
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