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HR 3372 101th Congress House Housing and Community Development Mortgage guaranty insurance

To amend the National Housing Act of 1934 to limit eligibility for mortgage insurance based on borrower income, and for other purposes.

Introduced: September 28, 1989 See on congress.gov
This bill died when the 101st Congress ended
It never became law before the 101st Congress (1989–1990) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 1, 1989
Referred to the Subcommittee on Housing and Community Development.
Sep 28, 1989
Referred to the House Committee on Banking, Finance + Urban Affrs.
Sep 28, 1989
Introduced in House
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 Plain-English summary Congressional Research Service

Amends the National Housing Act of 1934 to limit mortgage insurance eligibility to mortgagors whose family income is: (1) 115 percent or less of area median family income; and (2) 125 percent or less of statewide median income.

Repeals mortgage insurance ceilings on one-to-four family residences.

What's happening now October 1, 1989

Referred to the Subcommittee on Housing and Community Development.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
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APA
U.S. Congress. (2026). H.R. 3372: To amend the National Housing Act of 1934 to limit eligibility for mortgage insurance based on borrower income, and for other purposes.. 101st Congress. Open America. https://openamerica.io/bill/101-HR-3372/
MLA
"H.R. 3372: To amend the National Housing Act of 1934 to limit eligibility for mortgage insurance based on borrower income, and for other purposes.." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-HR-3372/.
Bluebook (legal)
H.R. 3372, 101st Cong. (2026), https://openamerica.io/bill/101-HR-3372/.
Markdown link
[H.R. 3372: To amend the National Housing Act of 1934 to limit eligibility for mortgage insurance based on borrower income, and for other purposes.](https://openamerica.io/bill/101-HR-3372/)
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