To cancel certain proposed changes to loan level price adjustments by the Federal National Mortgage Association and credit fees charged by the Federal Home Loan Mortgage Corporation.

referredUnited States· United States Congress· EN

Introduced

26 April 2023

Last action

—

Status

Referred to the House Committee on Financial Services.

Summary

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 their January 2023-announced changes to the single-family pricing framework for fees on purchase, rate-term refinance, and cash-out refinance loans. The changes revise the fee charts that provide percentage adjustments based on a borrower's credit score and other factors.

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Documents

3 official files

Introduced in House (text)

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Introduced in House (text)
Introduced in House · EN · 26 April 2023
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Introduced in House (PDF)
Introduced in House · EN · 26 April 2023
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Introduced in House
summary · EN · 26 April 2023
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Sources

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Official source: https://www.congress.gov/bill/118th-congress/house-bill/2876
Open data entity: https://api.congress.gov/v3/bill/118/hr/2876