To limit the collection of annual premiums under the FHA program for mortgage insurance for single family housing, and for other purposes.
USA115th CongressHR-4159| House
| Updated: 10/26/2017
Maxine Waters
Democratic Representative
California
Cosponsors (9)
Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Housing and Community Development
Housing finance and home ownership
To limit the collection of annual premiums under the FHA program for mortgage insurance for single family housing, and for other purposes.
USA115th CongressHR-4159| House
| Updated: 10/26/2017
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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Maxine Waters
Democratic Representative
California
Cosponsors (9)
Financial Services Committee
Housing and Community Development
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Housing finance and home ownership