United States · Bill · HR
H.R. 7857 (118th)
Accurate Credit Reporting for Homebuyers Act
Introduced
2 April 2024
Last action
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Status
Referred to the House Committee on Financial Services.
Sponsors
—
Subjects
Discovery layer
Source updated
18 October 2024
Summary
Accurate Credit Reporting for Homebuyers Act This bill requires lenders at government-sponsored enterprises (i.e., Fannie Mae and Freddie Mac) to obtain a borrower’s consumer report and credit score from all three of the national credit reporting agencies when purchasing a residential mortgage loan. Currently, lenders are allowed to use either two or three credit reports.
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Votes
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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 2 April 2024
Introduced in House (PDF)
Introduced in House · EN · 2 April 2024
Introduced in House
summary · EN · 2 April 2024
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/118th-congress/house-bill/7857
- Open data entity: https://api.congress.gov/v3/bill/118/hr/7857