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United States · Bill · HR

H.R. 1908 (114th)

Housing Financial Literacy Act of 2015

openUnited States· United States Congress· EN

Introduced

21 April 2015

Last action

22 April 2015 · Introduced

Status

Sponsor introductory remarks on measure. (CR E559)

Sponsors

Joyce Beatty, Steve Stivers, Rep. Hinojosa, Ruben [D-TX-15], Terri Sewell, CAROLYN MALONEY, Gwen Moore, Rep. Edwards, Donna F. [D-MD-4], JOHN CONYERS, Robin Kelly, Denny Heck, Tony Cárdenas, Bonnie Watson Coleman, Al Green, Rep. Rangel, Charles B. [D-NY-19], Rep. Hahn, Janice [D-CA-44], Eleanor Norton, ELIJAH CUMMINGS, Rep. Fattah, Chaka [D-PA-2], David Scott, WM. CLAY, Marcia Fudge, Marcy Kaptur, André Carson, EDDIE JOHNSON, Barbara Lee, JOSE SERRANO, JOSEPH CROWLEY, JOHN LEWIS, Brenda Lawrence, ALCEE HASTINGS, Stacey Plaskett, Sheila Jackson Lee, Alma Adams, Henry Johnson, Danny Davis

Subjects

Housing

Source updated

12 August 2025

Housing

Summary

Housing Financial Literacy Act of 2015 Amends the National Housing Act to revise the single insurance premium payment for a mortgage (secured by a one- to four-family dwelling that is an obligation of the Mutual Mortgage Insurance Fund) of a first-time homebuyer who completes a program of counseling on the responsibilities and financial management involved in homeownership that is approved by the Secretary of Housing and Urban Development. Repeals the current maximum premium payment of 2.75% of the amount of the mortgage's original insured principal obligation. Sets the single mortgage insurance premium payment at 25 basis points lower than the premium payment amount otherwise established.

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Timeline

  1. 21 April 2015

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 21 April 2015

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 21 April 2015

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 22 April 2015

    Introduced

    Sponsor introductory remarks on measure. (CR E559)

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Sponsors

Related records

Sources

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