US Congress House Bill 4586 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Republican 26)
Status: Introduced on February 3 2010 - 25% progression, died in committee
Action: 2010-02-03 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Mortgage E-Verify Act of 2010 - Amends the Federal National Mortgage Association Charter Act and the Federal Home Loan Mortgage Corporation Act to require the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation Act (Freddie Mac) to confirm the identity and work eligibility of the mortgagor as a prerequisite to: (1) any refinancing, restructuring, or modification agreement governing a single-family housing mortgage that is held by, or that backs any security issued by, either Fannie Mae or Freddie Mac; or (2) any purchase of, or issuance of any security that is backed by, any single-family housing mortgage made for the refinancing, restructuring, or modification of the mortgagor's previous single-family housing mortgage on the same property. Identifies the required inquiry as one made through the basic pilot E-Verify program under the Illegal Immigration Reform and Immigrant Responsibility Act of 1996. Amends the National Housing Act to require the Secretary of Housing and Urban Development (HUD) to use the E-Verify program to confirm the identity and work eligibility of the mortgagor as a prerequisite to single-family housing mortgage insurance issued under the Act.

Mortgage E-Verify Act of 2010

Rep. Todd Akin [R-MO]	Rep. Roscoe Bartlett [R-MD]	Rep. Brian Bilbray [R-CA]	Rep. Rob Bishop [R-UT]
Rep. Kevin Brady [R-TX]	Rep. Michael Burgess [R-TX]	Rep. John Campbell [R-CA]	Rep. John Culberson [R-TX]
Rep. Mary Fallin [R-OK]	Rep. John Fleming [R-LA]	Rep. Elton Gallegly [R-CA]	Rep. Phil Gingrey [R-GA]
Rep. Louie Gohmert [R-TX]	Rep. Kay Granger [R-TX]	Rep. Jeb Hensarling [R-TX]	Rep. Steve King [R-IA]
Rep. Doug Lamborn [R-CO]	Rep. Blaine Luetkemeyer [R-MO]	Sen. Cynthia Lummis [R-WY]	Rep. Kenny Marchant [R-TX]
Rep. Thaddeus McCotter [R-MI]	Rep. Patrick McHenry [R-NC]	Rep. Joseph Pitts [R-PA]	Rep. Bill Posey [R-FL]
Rep. David Roe [R-TN]	Rep. Jean Schmidt [R-OH]

Date	Chamber	Action
2010-02-03		Referred to the House Committee on Financial Services.

HB4744 (Related) 2010-03-03 - Referred to the House Committee on Financial Services.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/house-bill/4586/all-info
Text	https://www.congress.gov/111/bills/hr4586/BILLS-111hr4586ih.pdf