2572 -- FHA Loan Affordability Act of 2019 | Poliscope

FHA Loan Affordability Act of 2019

2572

116th Congress

Housing and Community Development

In Committee

Legislative Progress

✓

Introduced

Committee

Floor Vote

Other Chamber

Enacted

Introduced

September 26, 2019

Latest Action

September 26, 2019

Primary Sponsor

Jeanne ShaheenDemocratic(NH)

Momentum (last 30 days)

score

0 actions · 0 new cosponsors · 0 votes

Speed vs cohort

0pct

0d open

vs 5,086 other S bills in the 116th — cohort avg 30d

Summary

FHA Loan Affordability Act of 2019 This bill requires Federal Housing Administration mortgage borrowers to pay mortgage insurance premiums only when their remaining principal balance exceeds 78% or more of the home value or sales price.

Subjects (1)

Housing finance and home ownership

Actions (2)

September 26, 2019

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

September 26, 2019

Introduced in Senate

Committees

Committee	Chamber	Activity	Date
Banking, Housing, and Urban Affairs Committee	Senate	Referred to	September 26, 2019

Text Versions

Version	Date	Links
Introduced in Senate	September 26, 2019	XML

Related Bills (1)

Bill	Congress	Relationship
HR 3141	116th	Related bill

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Sources: Congress.gov