There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (11/09/2007)

Family Foreclosure Rescue Corporation Act - Instructs the Secretary of the Treasury to establish the Family Foreclosure Rescue Corporation to acquire, via the sale of bonds, home mortgages and other obligations and liens secured by real estate which are currently in default or at foreseeable risk of default.