New York Times: “The House approved far-reaching government assistance on Wednesday for the nation’s housing market, including broad authority for the Treasury Department to protect the nation’s two largest mortgage finance companies from collapse.”

• House Committee on Financial Services, H.R. 3221, the American Housing Rescue and Foreclosure Prevention Act of 2008, and Detailed Summary of H.R. 3221
• Press release
• Roll Call Vote
• Related postings on Fannie Mae and Freddie Mac