Expressing appreciation and recognition for the scientific, medical, and pharmaceutical community in the historic development of the COVID-19 vaccine in record time.
- Last Action
- 2/16/2021
CRS Summary
As of 2021-01-04 (00)
Alternative Data for Additional Credit FHA Pilot Program Reauthorization Act
This bill establishes a pilot program for an additional credit rating system for use by mortgage lenders. Specifically, the program utilizes one or more commercially available credit scoring models that apply additional credit information about borrowers who have insufficient credit histories for purposes of determining their creditworthiness for mortgages insured by the Federal Housing Administration.
Cosponsors (4)
- NYDIA VELAZQUEZ (D-NY)
- Bonnie Watson Coleman (D-NJ)
- Dwight Evans (D-PA)
- BARBARA LEE (D-CA)
Subjects
- Congressional oversight
- Credit and credit markets
- Financial services and investments
- Government information and archives
- Government studies and investigations
- Housing finance and home ownership
- Intellectual property
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.