HR 53
119th Congress
House
Finance and Financial Sector
Credit and credit markets
Government National Mortgage Association (Ginnie Mae)
Housing finance and home ownership
Inflation and prices
User charges and fees
Responsible Borrower Protection Act of 2025
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 3, 2025
Referred to the House Committee on Financial Services.
Jan 3, 2025
Introduced in House
Plain-English summary
Responsible Borrower Protection Act of 2025
This bill prohibits the Federal Housing Finance Agency, the Federal National Mortgage Association (Fannie Mae), and the Federal Home Loan Mortgage Corporation (Freddie Mac) from implementing changes to the single-family home loan pricing framework for upfront fees on certain home loans, announced in January 2023. The changes revise the fee charts that provide percentage adjustments based on a borrower's credit score and other risk factors. Overall, these changes increase the percentage adjustments, with variations based on the particular risk profile of the loan.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1