US SB2572 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on September 26 2019 - 25% progression, died in committee
Action: 2019-09-26 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 26 2019 - 25% progression, died in committee
Action: 2019-09-26 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
FHA Loan Affordability Act of 2019
Sponsors
Sen. Jeanne Shaheen [D-NH] |
History
Date | Chamber | Action |
---|---|---|
2019-09-26 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Same As/Similar To
HB3141 (Related) 2019-11-12 - Placed on the Union Calendar, Calendar No. 227.
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/2572/all-info |
Text | https://www.congress.gov/116/bills/s2572/BILLS-116s2572is.pdf |