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H.R. 5981 111th Congress House

To increase the flexibility of the Secretary of Housing and Urban Development with respect to the amount of premiums charged for FHA single family housing mortgage insurance, and for other purposes.

Introduced: July 30, 2010 See on congress.gov
Housing and Community Development Congressional oversightGovernment lending and loan guaranteesHousing finance and home ownership
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 Everywhere this bill has been 19 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 11, 2010
Signed by President.
Aug 11, 2010
Became Public Law No: 111-229.
Aug 10, 2010
Presented to President.
Aug 5, 2010
Message on Senate action sent to the House.
Aug 4, 2010
Cleared for White House.
Aug 4, 2010
Passed Senate without amendment by Unanimous Consent.
Aug 4, 2010
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
Aug 4, 2010
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S6741)
Aug 4, 2010
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.(consideration: CR S6741)
Aug 2, 2010
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 30, 2010
Received in the Senate.
Jul 30, 2010
Motion to reconsider laid on the table Agreed to without objection.
Jul 30, 2010
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H6468-6469)
Jul 30, 2010
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H6468-6469)
Jul 30, 2010
DEBATE - The House proceeded with forty minutes of debate on H.R. 5981.
Jul 30, 2010
Considered under suspension of the rules. (consideration: CR H6468-6469)
Jul 30, 2010
Mr. Frank (MA) moved to suspend the rules and pass the bill.
Jul 30, 2010
Referred to the House Committee on Financial Services.
Jul 30, 2010
Introduced in House
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 Latest action August 11, 2010

Became Public Law No: 111-229.

 Plain-English summary Congressional Research Service

(This measure has not been amended since it was introduced. The expanded summary of the House passed version is repeated here.)

Amends the National Housing Act with respect to requirements for the insurance of mortgages secured by a one- to four-family dwelling which are obligations of the Mutual Mortgage Insurance Fund.

(Sec. 1) Authorizes the Secretary of Housing and Urban Development (HUD) to establish and collect annual premium payments of up to 1.5% of the remaining insured principal balance on such a dwelling. (Currently the Secretary is required to establish and collect annual premium payments of up to .5% of the remaining insured principal balance.)

Authorizes an annual premium of up to 1.55% of the remaining insured principal balance of any 30-year mortgage on such a dwelling involving an original principal obligation greater than 95% percent of such value. (Currently, an annual premium of up to 0.55% of the remaining insured principal balance on such a mortgage is required.)

Authorizes the Secretary to adjust the amount of any initial or annual premium through notice published in the Federal Register or mortgagee letter, which shall establish the effective date of any such adjustment.

(Sec. 2) Directs the Assistant Secretary of HUD who is the Federal Housing Commissioner to appear before specified congressional committees within 270 days after the enactment of this Act to discuss the finances, including premiums, of the Federal Housing Administration (FHA).

 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
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APA
U.S. Congress. (2026). H.R. 5981: To increase the flexibility of the Secretary of Housing and Urban Development with respect to the amount of premiums charged for FHA single family housing mortgage insurance, and for other purposes.. 111th Congress. Open America. https://openamerica.io/bill/111-HR-5981/
MLA
"H.R. 5981: To increase the flexibility of the Secretary of Housing and Urban Development with respect to the amount of premiums charged for FHA single family housing mortgage insurance, and for other purposes.." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-5981/.
Bluebook (legal)
H.R. 5981, 111th Cong. (2026), https://openamerica.io/bill/111-HR-5981/.
Markdown link
[H.R. 5981: To increase the flexibility of the Secretary of Housing and Urban Development with respect to the amount of premiums charged for FHA single family housing mortgage insurance, and for other purposes.](https://openamerica.io/bill/111-HR-5981/)
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