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H.R. 3206 119th Congress House

Protecting America's Property Rights Act

Official title: To provide additional requirements for the purchase and sale of conventional mortgages by the enterprises, and for other purposes.

Introduced: August 26, 2025 Introduced by: Andrew R. Garbarino Republican · New York See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 6, 2025
Referred to the House Committee on Financial Services.
May 6, 2025
Introduced in House
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What's happening now May 6, 2025

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Protecting America's Property Rights Act

This bill directs the government-sponsored enterprises—Fannie Mae and Freddie Mac—to establish standards for the use of products such as title insurance. (The enterprises facilitate liquidity in the mortgage market by purchasing mortgages and issuing mortgage-backed securities.)

Specifically, the enterprises must establish regulations or guidelines for risk management related to loss or damage from liens upon, encumbrances on, or defects in the title to property, or the invalidity or unenforceability of any liens or encumbrances on property by using third party products subject to state regulation.

Further, the enterprises must hold an additional 1% of the unpaid principal of any mortgage that does not meet the above regulations or guidelines as part of each enterprise’s minimum capital levels.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 35

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

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APA
U.S. Congress. (2026). H.R. 3206: Protecting America's Property Rights Act. 119th Congress. Open America. https://openamerica.io/bill/119-HR-3206/
MLA
"H.R. 3206: Protecting America's Property Rights Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-3206/.
Bluebook (legal)
H.R. 3206, 119th Cong. (2026), https://openamerica.io/bill/119-HR-3206/.
Markdown link
[H.R. 3206: Protecting America's Property Rights Act](https://openamerica.io/bill/119-HR-3206/)
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