Bill

Bill > HR2876


US HR2876

US HR2876
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.


summary

Introduced
04/26/2023
In Committee
04/26/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A BILL 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.

AI Summary

This bill cancels certain proposed changes to loan-level price adjustments by the Federal National Mortgage Association (Fannie Mae) and credit fees charged by the Federal Home Loan Mortgage Corporation (Freddie Mac). Specifically, the bill prohibits the Federal Housing Finance Agency and the government-sponsored enterprises (Fannie Mae and Freddie Mac) from implementing changes to the single-family pricing framework that were announced on January 19, 2023, effectively nullifying those changes.

Committee Categories

Business and Industry

Sponsors (29)

Last Action

Referred to the House Committee on Financial Services. (on 04/26/2023)

Bill Topics

Community Development and Housing Issues
  • ‐ Housing and Real Estate Finance

bill text


bill summary

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bill summary

Document Type Source Location Created
State Bill Page https://www.congress.gov/bill/118th-congress/house-bill/2876/all-info 04/27/2023
BillText https://www.congress.gov/118/bills/hr2876/BILLS-118hr2876ih.pdf 05/05/2023
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