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
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 their January 2023-announced changes to the single-family pricing framework for fees on purchase, rate-term refinance, and cash-out refinance loans. The changes revise the fee charts that provide percentage adjustments based on a borrower's credit score and other factors.
Bill status
in committee
1 of 4 stages cleared
Introduction
Apr 2023
Committee Review
Floor Vote
President
Introduced Apr 26, 2023
Last action Apr 26, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Apr 26, 2023
Committee
Referred to the House Committee on Financial Services.
lower
Apr 26, 2023
Introduced
Introduced in House
lower
1 primary · 28 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Stephanie I. Bice
RRepublican
Co
Byron Donalds
RRepublican
Co
Carlos A. Gimenez
RRepublican
Co
Chuck Edwards
RRepublican
Co
Cory Mills
RRepublican
Co
Daniel Meuser
RRepublican
Co
David Rouzer
RRepublican
Co
Erin Houchin
RRepublican
Co
Guy Reschenthaler
RRepublican
Co
Jake Ellzey
RRepublican
Co
Jeff Duncan
RRepublican
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