H.R. 9461 allows the Federal Home Loan Mortgage Corporation (Freddie Mac) and the Federal National Mortgage Association (Fannie Mae) to buy and bundle certain residential construction loans into securities. This aims to enhance liquidity in the housing market by enabling these government-sponsored enterprises to support the financing of new home construction.
Supporters of H.R. 9461 argue that the bill will stimulate the housing market by providing more funding options for residential construction. They believe it will help address housing shortages and make homeownership more accessible for potential buyers.
Critics of H.R. 9461 express concerns that increasing the role of Freddie Mac and Fannie Mae in construction loans may lead to higher risks for taxpayers. They fear it could encourage irresponsible lending practices and contribute to future housing market instability.
The analysis of H.R. 9461, which allows the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association to purchase and securitize certain residential construction loans, reveals no direct industry overlaps between the bill's subject matter and the sponsor Scott Fitzgerald's top donor industries. The lobbying activity related to this bill primarily involves organizations from the pharmaceutical, telecommunications, and sports sectors, which do not have a direct connection to residential construction financing. The highest lobbying amount noted is $60,000 from Vertex Pharmaceuticals, which is unrelated to the housing finance sector. Given the absence of overlapping interests and the nature of the lobbying activities, the potential for conflicts of interest appears minimal.
Organizations that lobbied on issues related to this bill's policy area.
| Client | Lobbying Firm | Amount |
|---|---|---|
| VERTEX PHARMACEUTICALS INCORPORATED | MARSHALL & POPP, LLC | $60,000 |
| SUN PHARMACEUTICAL INDUSTRIES, INC. | MARSHALL & POPP, LLC | $60,000 |
| SANOFI U.S. SERVICES, INC. | MARSHALL & POPP, LLC | $60,000 |
| WAYFINDER GROUP (OBO RESEARCH CORPORATION OF THE UNIVERSITY OF HAWAII) | RED MAPLE CONSULTING, LLC | $40,000 |
| ECKERD CONNECTS | KOUNTOUPES DENHAM CARR & REID, LLC | $30,000 |
| SMART APPROACHES TO MARIJUANA | OFF HILL STRATEGIES L.L.C. | $20,000 |
| FEDERATION OF ELECTRIC POWER COS OF JAPAN | GEORGE H. DENISON | $10,000 |
| MAYO CLINIC | MCDERMOTT WILL & SCHULTE LLP | undisclosed |
| VERIZON COMMUNICATIONS, INC. | MARSHALL & POPP, LLC | undisclosed |
| THE BIG TEN CONFERENCE, INC. | MARSHALL & POPP, LLC | undisclosed |
| THE BIG 12 CONFERENCE, INC. | MARSHALL & POPP, LLC | undisclosed |
| SOUTHEASTERN CONFERENCE | MARSHALL & POPP, LLC | undisclosed |
| PAC-12 CONFERENCE | MARSHALL & POPP, LLC | undisclosed |
| ATLANTIC COAST CONFERENCE | MARSHALL & POPP, LLC | undisclosed |
| SAPPHIRE DIGITAL | MARSHALL & POPP, LLC | undisclosed |
Source: Senate Lobbying Disclosure Act (LDA) filings, 2026
Top industries funding Scott Fitzgerald, ranked by total contributions.
Source: OpenSecrets.org (Center for Responsive Politics)
