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HR 5837 118th Congress House Finance and Financial Sector

Protecting America's Property Rights Act

Introduced: May 21, 2024 Introduced by: Garbarino, Andrew R. Republican · New York See on congress.gov
This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 29, 2023
Referred to the House Committee on Financial Services.
Sep 29, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

Protecting America's Property Rights Act

This bill requires title insurance on conventional mortgages purchased by Fannie Mae and Freddie Mac. Specifically, these mortgages must be secured by real property and the priority of the mortgage lien must be insured by a title insurance company that is licensed and authorized to do business in the appropriate state, territory, or district.

The bill also prohibits Fannie Mae and Freddie Mac from implementing any new program without the approval of the Federal Housing Finance Agency (FHFA), in addition to the approval of the Department of the Treasury as under current law. Approval from both is also required for any new activity, product, or type of risk.

FHFA must appear before Congress on a semiannual basis regarding new programs, activities, products, or types of risk.  

What's happening now September 29, 2023

Referred to the House Committee on Financial Services.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5837: Protecting America's Property Rights Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-5837/
MLA
"H.R. 5837: Protecting America's Property Rights Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-5837/.
Bluebook (legal)
H.R. 5837, 118th Cong. (2026), https://openamerica.io/bill/118-HR-5837/.
Markdown link
[H.R. 5837: Protecting America's Property Rights Act](https://openamerica.io/bill/118-HR-5837/)
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