Sen. Menendez Introduces Bill to Provide for Affordable Refinancing Expansion of Mortgages Held by Freddie Mac and Fannie Mae

by KAREN NARAGTargeted News Service

WASHINGTON, Sept. 11 -- Sen. Robert Menendez, D-N.J., has introduced legislation (S. 3522) to "provide for the expansion of affordable refinancing of mortgages held by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation."

The bill was introduced on Sept. 10 and has 12 co-sponsors. Co-sponsors include Sens. Barbara A. Boxer, D-Calif., Dianne Feinstein, D-Calif., Ron Wyden, D-Ore., Richard J. Durbin, D-Ill., Charles E. Schumer, D-N.Y., Kirsten E. Gillibrand, D-N.Y., Debbie A. Stabenow, D-Mich., Jack Reed, D-R.I., Frank Lautenberg, D-N.J., Al Franken, D-Minn., Jeff Merkley, D-Ore., and Bernard Sanders, I-Vt.

The full text of the bill is available from the Library of Congress Thomas legislative web site. To access the bill, go to http://thomas.loc.gov/home/thomas.php. For more information about congressional legislation and services offered by Targeted News Service to track issues, key words or members of Congress who introduce or co-sponsor legislation, please contact editor@targetednews.com or call 703/304-1897.

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