S. 2239
107th Congress
Senate
FHA Downpayment Simplification Act of 2002
Official title: A bill to amend the National Housing Act to simplify the downpayment requirements for FHA mortgage insurance for single family homebuyers.
Housing and Community Development
Apartment housesEconomics and Public FinanceFederally-guaranteed loansFees
More subjectsShow fewer subjects
Finance and Financial SectorGovernment Operations and PoliticsGovernment paperworkIndexing (Economic policy)Insurance premiumsMortgage guaranty insuranceMortgagesSettlement costsSingle family housing
Everywhere this bill has been
22 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 4, 2002
Became Public Law No: 107-326.
Dec 4, 2002
Signed by President.
Nov 22, 2002
Presented to President.
Nov 15, 2002
Considered by unanimous consent. (consideration: CR 11/14/2002 H8925-9007)
Nov 15, 2002
Motion to reconsider laid on the table Agreed to without objection.
Nov 15, 2002
On passage Passed without objection. (text: CR 11/14/2002 H8927-8928)
Nov 15, 2002
Passed/agreed to in House: On passage Passed without objection.(text: CR 11/14/2002 H8927-8928)
Nov 15, 2002
Mr. Armey asked unanimous consent to discharge from committee and consider.
Nov 15, 2002
Committee on Financial Services discharged.
Oct 25, 2002
Referred to the Subcommittee on Housing and Community Opportunity.
Oct 21, 2002
Referred to the House Committee on Financial Services.
Oct 21, 2002
Received in the House.
Oct 21, 2002
Message on Senate action sent to the House.
Oct 17, 2002
Passed Senate with amendments by Unanimous Consent. (text: CR 10/21/2002 S10787-10788)
Oct 17, 2002
Passed/agreed to in Senate: Passed Senate with amendments by Unanimous Consent.(text: CR 10/21/2002 S10787-10788)
Oct 17, 2002
Measure laid before Senate by unanimous consent. (consideration: CR S10743-10745; text of measure as reported in Senate: CR S10743)
Oct 15, 2002
Placed on Senate Legislative Calendar under General Orders. Calendar No. 703.
Oct 15, 2002
Committee on Banking, Housing, and Urban Affairs. Reported by Senator Sarbanes with amendments. Without written report.
Sep 12, 2002
Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with amendments favorably.
Apr 24, 2002
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S3309)
Apr 24, 2002
Sponsor introductory remarks on measure. (CR S3308-3309)
Apr 24, 2002
Introduced in Senate
Amendments to this bill
1
Amendments propose changes to this bill. Members vote on amendments separately before the final bill vote. An agreed amendment becomes part of the bill; a failed amendment does not.
1 agreed to
| Amendment | Sponsor | Status |
|---|---|---|
| SAMDT 4,897 | – | Agreed to |
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Latest action
Became Public Law No: 107-326.
Plain-English summary
FHA Downpayment Simplification Act of 2002 - Amends the National Housing Act to revise downpayment requirements for mortgage insurance eligibility.
Related & companion bills
2
Bill text
6 versions
- Engrossed in Senate Formatted Text PDF
- Enrolled Bill Formatted Text PDF
- Introduced in Senate Formatted Text PDF
- Public Law Formatted Text PDF
- Referred in House Formatted Text PDF
- Reported to Senate Formatted Text PDF
Committees of jurisdiction
3
Cosponsors
3
Cite this page
U.S. Congress. (2026). S. 2239: FHA Downpayment Simplification Act of 2002. 107th Congress. Open America. https://openamerica.io/bill/107-S-2239/
"S. 2239: FHA Downpayment Simplification Act of 2002." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-S-2239/.
S. 2239, 107th Cong. (2026), https://openamerica.io/bill/107-S-2239/.
[S. 2239: FHA Downpayment Simplification Act of 2002](https://openamerica.io/bill/107-S-2239/)