To cancel certain proposed changes to loan level price adjustments by the Federal National Mortgage Association and credit fees charged by the Federal Home Loan Mortgage Corporation.
- Last Action
- 4/26/2023
Actions
- 2023-04-26Referred to the House Committee on Financial Services.
- 2023-04-26Introduced in House
- 2023-04-26Introduced in House
CRS Summary
As of 2023-04-26 (00)
This bill prohibits the Federal Housing Finance Agency, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) from implementing their January 2023-announced changes to the single-family pricing framework for fees on purchase, rate-term refinance, and cash-out refinance loans. The changes revise the fee charts that provide percentage adjustments based on a borrower's credit score and other factors.
Cosponsors (20)
- Daniel Meuser (R-PA)
- Byron Donalds (R-FL)
- Cory Mills (R-FL)
- Chuck Edwards (R-NC)
- Mark Alford (R-MO)
- Pat Fallon (R-TX)
- Jeff Duncan (R-SC)
- Trent Kelly (R-MS)
- Ralph Norman (R-SC)
- Marjorie Greene (R-GA)
- Erin Houchin (R-IN)
- Kat Cammack (R-FL)
- David Rouzer (R-NC)
- Michael Lawler (R-NY)
- Jake Ellzey (R-TX)
- Randy Feenstra (R-IA)
- John Carter (R-TX)
- Carlos Gimenez (R-FL)
- Tony Gonzales (R-TX)
- John Moolenaar (R-MI)
Sourced from Congress.gov (public domain).
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