An amendment No. 5 printed in House Report 114-411 to allow the USDA to assess a nominal fee (maximum of $50) per loan under the Section 502 single family guaranteed home loan program in order to fund needed technological improvements and investments into the guaranteed underwriting system.

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Amendment Number
912
Description
An amendment No. 5 printed in House Report 114-411 to allow the USDA to assess a nominal fee (maximum of $50) per loan under the Section 502 single family guaranteed home loan program in order to fund needed technological improvements and investments into the guaranteed underwriting system.
Purpose
Amendment allows the USDA to assess a nominal fee (maximum of $50) per loan under the Section 502 single family guaranteed home loan program in order to fund needed technological improvements and investments into the guaranteed underwriting system.
Congress
114
Type
HAMDT
Latest Action Date
Feb 2, 2016
Latest Action Text
On agreeing to the Hinojosa amendment (A004) Agreed to by voice vote.
Latest Action Time
16:11:32
Submitted Date
Feb 2, 2016
Chamber
House of Representatives
Update Date
Dec 15, 2020
Amendment 912 — Informed