HR 892 · in committee · significant
Mortgage Rate Reduction Act
- housing
What this bill does
- The federal government can now insure second mortgages on properties with FHA or VA-backed first mortgages.
- Homeowners with existing federal mortgage guarantees and lenders offering second mortgages are affected.
- Federal agencies must publish details on guaranteed mortgages including property addresses and loan dates.
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Community Threads
Started by Cosponsor
- 01
How might federal insurance of second mortgages affect borrowing costs and default risk for homeowners with existing FHA or VA-backed first mortgages?
- 02
What specific privacy concerns arise from requiring federal agencies to publish property addresses and loan dates for guaranteed mortgages?
- 03
How could expanded federal mortgage insurance exposure impact the long-term solvency of FHA and VA insurance funds?
Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.
Sponsor · D-NY-18
Patrick Ryan
Citizen cosponsors
0
In Congress
0/ 435
House Reps cosponsoring
Introduced 2025-03-05
Legislative timeline
2025-03-05 · house · Committee
Referred to the Subcommittee on Economic Opportunity.
2025-01-31 · house · IntroReferral
Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2025-01-31 · house · IntroReferral
Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2025-01-31 · IntroReferral
Introduced in House
2025-01-31 · IntroReferral
Introduced in House
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