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United States · Bill · S

S. 2123 (109th)

FHA Manufactured Housing Loan Modernization Act of 2005

openUnited States· United States Congress· EN

Introduced

16 December 2005

Last action

4 April 2006 · Committee

Status

Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation and Community Development. Hearings held. With printed Hearing: S.Hrg. 109-994.

Sponsors

Sen. Allard, Wayne [R-CO], Sen. Bayh, Evan [D-IN], Sen. Martinez, Mel [R-FL], Sen. Dole, Elizabeth [R-NC], Sen. Chambliss, Saxby [R-GA], Sen. Johnson, Tim [D-SD], Sen. Lincoln, Blanche L. [D-AR], Sen. Nelson, Bill [D-FL], Sen. Isakson, Johnny [R-GA], Sen. Alexander, Lamar [R-TN], Sen. Stabenow, Debbie [D-MI]

Subjects

Housing

Source updated

10 January 2026

Housing

Summary

FHA Manufactured Housing Loan Modernization Act of 2005 - Amends the National Housing Act with respect to Federal Housing Administration (FHA) housing loan insurance for manufactured homes (or lots for such homes) to: (1) exempt such loans from certain financial institution portfolio limits; (2) establish loan-to-value ratio and downpayment requirements; (3) provide that any such contract shall be conclusive evidence of an institution's insurance eligibility; (4) increase loan limits; (5) set forth borrower premium charges; and (6) direct the Secretary of Housing and Urban Development to establish underwriting criteria that will ensure the manufactured housing program's financial soundness.

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

Timeline

  1. 16 December 2005

    Introduced

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

  2. 16 December 2005

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 4 April 2006

    Committee

    Committee on Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation and Community Development. Hearings held. With printed Hearing: S.Hrg. 109-994.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 16 December 2005

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 16 December 2005

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 16 December 2005

    Open at official source

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Sponsors

Related records

Sources

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