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United States · Bill · HR

H.R. 1754 (112th)

Preserving Equal Access to Mortgage Finance Programs Act

referredUnited States· United States Congress· EN

Introduced

5 May 2011

Last action

2 June 2011 · Referred

Status

Referred to the Subcommittee on Insurance, Housing and Community Opportunity.

Sponsors

Rep. Miller, Gary G. [R-CA-31], Brad Sherman, Anna Eshoo, Rep. Gallegly, Elton [R-CA-21], Rep. Farr, Sam [D-CA-20], Gerald Connolly, Rep. Woolsey, Lynn C. [D-CA-6], Rep. Waxman, Henry A. [D-CA-24], Del. Bordallo, Madeleine Z. [D-GU-At Large], Zoe Lofgren, Rep. Capps, Lois [D-CA-24], Rep. McCarthy, Carolyn [D-NY-4], Rep. Miller, George [D-CA-7], Rep. Honda, Michael M. [D-CA-17], Rep. Cardoza, Dennis A. [D-CA-18], Rep. Filner, Bob [D-CA-51], Rep. Bilbray, Brian P. [R-CA-50], Rep. Rothman, Steven R. [D-NJ-9], Rep. Costa, Jim [D-CA-21], NITA LOWEY, Jackie Speier, Paul Tonko, Sen. Schiff, Adam B. [D-CA], Jerry McNerney, Ken Calvert, Rep. Thompson, Mike [D-CA-4], Rep. Baca, Joe [D-CA-43], Rep. McKeon, Howard P. "Buck" [R-CA-25], Rep. Holt, Rush [D-NJ-12], MICHAEL CAPUANO, Del. Faleomavaega, Eni F. H. [D-AS-At Large], Rep. Berman, Howard L. [D-CA-26], Colleen Hanabusa, Rep. Hahn, Janice [D-CA-44]

Subjects

Housing

Source updated

14 August 2025

Housing

Official sourceDownload fileView documentsShare

Summary

Preserving Equal Access to Mortgage Finance Programs Act - Amends the Federal Home Loan Mortgage Corporation Act and the Federal National Mortgage Association Charter Act to increase limitations on the maximum original principal obligation of mortgages that may purchased by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation Association (Freddie Mac). Increases such limitations in areas where 125% (currently, 115%) of the median price of residences of a particular size exceed existing mortgage purchase limitations for such residence size. Gives the Director of the Federal Housing Finance Agency (FHFA) discretion to prevent or limit a decrease in the limitation on the maximum original principal obligation of a mortgage that may be purchased by the corporation for an area. Amends the National Housing Act to raise limitations on the maximum principal obligation of mortgages that may be insured by the Secretary of Housing and Urban Development (HUD). Gives the Secretary discretion to prevent or limit a decrease in the maximum dollar amount limitation for any area from taking place for any such area.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 5 May 2011

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 5 May 2011

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 5 May 2011

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 2 June 2011

    Referred

    Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

Sponsors

Related records

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Sources

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