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HR 4159 115th Congress House Housing and Community Development Housing finance and home ownership

Making FHA More Affordable Act of 2017

Introduced: October 26, 2017 Introduced by: Waters, Maxine Democratic · California See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 26, 2017
Referred to the House Committee on Financial Services.
Oct 26, 2017
Introduced in House
 Plain-English summary Congressional Research Service

Making FHA More Affordable Act of 2017

This bill amends the National Housing Act to require Federal Housing Administration mortgage borrowers to pay mortgage insurance premiums only when their remaining principal balance exceeds 78% or more of the home value or sales price.

What's happening now October 26, 2017

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1