Improving FHA Support for Small Dollar Mortgages Act of 2020
USA116th CongressHR-5931| House
| Updated: 3/3/2020
Wm. Lacy Clay
Democratic Representative
Missouri
Cosponsors (5)
Financial Services Committee, Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Improving FHA Support for Small Dollar Mortgages Act of 2020 This bill directs the Department of Housing and Urban Development (HUD) to report on barriers to making Federal Housing Administration (FHA) single-family mortgage insurance available for mortgages under $70,000. Specifically, HUD must report on policies, practices, and products used by the FHA and actions that will be taken to remove such barriers.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 0.
Committee Consideration and Mark-up Session Held.
Mr. San Nicolas moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H1426-1428)
DEBATE - The House proceeded with forty minutes of debate on H.R. 5931.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H1426-1427)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Housing and Community Development
Congressional oversightGovernment studies and investigationsHousing finance and home ownershipHousing supply and affordability
Improving FHA Support for Small Dollar Mortgages Act of 2020
USA116th CongressHR-5931| House
| Updated: 3/3/2020
Improving FHA Support for Small Dollar Mortgages Act of 2020 This bill directs the Department of Housing and Urban Development (HUD) to report on barriers to making Federal Housing Administration (FHA) single-family mortgage insurance available for mortgages under $70,000. Specifically, HUD must report on policies, practices, and products used by the FHA and actions that will be taken to remove such barriers.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by the Yeas and Nays: 48 - 0.
Committee Consideration and Mark-up Session Held.
Mr. San Nicolas moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H1426-1428)
DEBATE - The House proceeded with forty minutes of debate on H.R. 5931.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H1426-1427)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Wm. Lacy Clay
Democratic Representative
Missouri
Cosponsors (5)
Financial Services Committee, Banking, Housing, and Urban Affairs Committee
Housing and Community Development
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Congressional oversightGovernment studies and investigationsHousing finance and home ownershipHousing supply and affordability