عربي

← All members · Key votes

H.R. 258 · 119th Congress

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.

Introduced / in committeeEconomy

Details

Sponsor
Stephanie I. Bice (R)
Introduced
2025-01-09
Origin
House
Policy area
Finance and Financial Sector
Latest action
2025-01-09 — Referred to the House Committee on Financial Services.
Cosponsors
0

congress.gov

Summary

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 changes to the single-family home loan pricing framework for upfront fees on certain home loans, announced in January 2023. The changes revise the fee charts that provide percentage adjustments based on a borrower's credit score and other risk factors. Overall, these changes increase the percentage adjustments, with variations based on the particular risk profile of the loan.

CRS summary — Introduced in House (2025-01-09)