#aaeth ,,congress  #ast ,session  ,h4   
,r4 #afid  ,,an ,,act  ,to require      
additional entities to be subject to the
 requirements of section #eeb of title  
#e1 ,united ,states ,code 7commonly     
referred to as the ,freedom of          
,information ,act71 and for other       
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,fannie and ,freddie
 ,open ,records ,act of #bjag4  #b4     
,applicability of ,,foia  7a7           
,applicability to government sponsored  
entities in conservatorship ,section    
#eeb of title #e1 ,united ,states ,code 
7commonly referred to as the ,freedom of
 ,information ,act71 is amended by      
adding at the end the following new     
subsection3  7n7  7#a7 ,this section    
shall apply to the ,federal ,national   
,mortgage ,association and the ,federal 
,home ,loan ,mortgage ,corporation      
during any period either such enterprise
 is under conservatorship or            
receivership pursuant to section #acfg  
of the ,federal ,housing ,enterprises   

,financial ,safety and ,soundness ,act  
of #aiib 7#ab ,u4,s4,c4 #dfag74  7#b7   
,for purposes of this subsection1 the   
exemption described in subsection       
7b77#d71 relating to trade secrets and  
commercial or financial information1    
shall apply without regard to whether   
such information was obtained from a    
person outside the ,federal ,national   
,mortgage ,association or the ,federal  
,home ,loan ,mortgage ,corporation1 as  
the case may be4  4  7b7 ,rule of       
construction ,nothing in this ,act may  
be construed as precluding the          
application of any of the exemptions    
described in section #eeb of title #e1  
,united ,states ,code1 to subsection 7n7
 of such section1 as added by subsection
 7a74  7c7 ,effective date2             
applicability ,the amendment made by    
subsection 7a7 shall be effective on the
 date that is six months after the date 
of the enactment of this ,act and shall 
apply with respect to any request filed 
under section #eeb7;a77#c7 of title #e1 

,united ,states ,code1 on or after such 
effective date1 relating to any record  
created before1 on1 or after the date of
 the enactment of this ,act4  #c4       
,commercial requesters ,for purposes of 
subsection 7n7 of section #eeb of title 
#e1 ,united ,states ,code1 as added by  
section #b7;a71 each enterprise         
described in such subsection shall      
establish a fee schedule such that in   
the first year the fees collected from  
requests for records intended for a     
commercial use cover the costs of       
administering such subsection 7n71 which
 shall be estimated as #dj1jjj1jjj in   
the first year4 ,in each subsequent     
year1 each such enterprise shall        
evaluate whether the fees collected     
under the prior year's fee schedule were
 sufficient to recover all actual costs 
of administering subsection 7n7 and     
revise the fee schedule to recover the  
costs of administering subsection 7n7 in
 the following year and any outstanding 
costs of administering subsection 7n7   

from the prior year not collected       
through fees in the prior year4 ,each   
such enterprise shall make the revised  
fee schedule and a detailed explanation 
of the prior year's costs and           
projections of future costs that were   
used to justify the fee schedule        
publicly available online for #aj days  
prior to the fee schedule going into    
effect4  #d4 ,rule of construction      
,nothing in this ,act1 or the amendment 
made by this ,act1 may be construed as  
precluding or restricting the disclosure
 of information regarding any proposed  
new product or significant new product  
term prior to loan purchasing1 or       
substantive negotiation with an         
interested party regarding purchase of  
loans with such new product or          
significant new product term4  ,passed  
the ,house of ,representatives ,april   
#bg1 #bjag4;,clerk4