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H.R. 4159

Making FHA More Affordable Act of 2017

Making FHA More Affordable Act of 2017

This bill amends the National Housing Act to require Federal Housing Administration mortgage borrowers to pay mortgage insurance premiums only when their remaining principal balance exceeds 78% or more of the home value or sales price.

Referred to the House Committee on Financial Services.

Rep. Waters, Maxine [D-CA-43](D-CA)Sponsor
9 cosponsors9 D
9cosponsors1committees3actions1subjects
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Making FHA More Affordable Act of 2017 — Informed