US HB123 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Democrat 8-0)
Status: Introduced on January 6 2015 - 25% progression, died in committee
Action: 2015-01-06 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 6 2015 - 25% progression, died in committee
Action: 2015-01-06 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
FHA Alternative Credit Pilot Program Reauthorization Act of 2015 Amends the National Housing Act to extend from five to 10 years the pilot program to establish for mortgagees an automated process for providing alternative credit rating information on mortgagors and prospective mortgagors under mortgages on 1- to 4-family residences who have insufficient credit histories for determining their creditworthiness.
Title
FHA Alternative Credit Pilot Program Reauthorization Act of 2015
Sponsors
| Rep. Al Green [D-TX] | Rep. Judy Chu [D-CA] | Rep. Ruben Hinojosa [D-TX] | Rep. Andre Carson [D-IN] |
| Rep. Gwen Moore [D-WI] | Rep. Danny Davis [D-IL] | Rep. Brenda Lawrence [D-MI] | Rep. Ted Lieu [D-CA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-01-06 | House | Referred to the House Committee on Financial Services. |
| 2015-01-06 | House | Introduced in House |
Subjects
Consumer credit
Government information and archives
Government lending and loan guarantees
Housing and community development
Housing finance and home ownership
Government information and archives
Government lending and loan guarantees
Housing and community development
Housing finance and home ownership
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/house-bill/123/all-info |
| Text | https://www.congress.gov/114/bills/hr123/BILLS-114hr123ih.pdf |
