Responsible Borrower Protection Act of 2023
USA118th CongressHR-2928| House
| Updated: 4/27/2023
Andy Biggs
Republican Representative
Arizona
Cosponsors (45)
Matthew M. Rosendale (Republican)Dusty Johnson (Republican)Doug LaMalfa (Republican)Chris Stewart (Republican)Bob Good (Republican)Paul A. Gosar (Republican)Chip Roy (Republican)Barry Moore (Republican)Richard McCormick (Republican)Alexander X. Mooney (Republican)Brett Guthrie (Republican)Jefferson Van Drew (Republican)Thomas P. Tiffany (Republican)Keith Self (Republican)Aaron Bean (Republican)Andrew Ogles (Republican)Jerry L. Carl (Republican)Earl L. "Buddy" Carter (Republican)Scott Perry (Republican)Rudy Yakym (Republican)Lloyd Smucker (Republican)Anna Paulina Luna (Republican)Brad Finstad (Republican)Glenn Grothman (Republican)Brian J. Mast (Republican)Dan Bishop (Republican)Harriet M. Hageman (Republican)Michael Cloud (Republican)Lauren Boebert (Republican)Byron Donalds (Republican)Gary J. Palmer (Republican)Mike Bost (Republican)Russell Fry (Republican)Dale W. Strong (Republican)Debbie Lesko (Republican)Randy K. Sr. Weber (Republican)Ben Cline (Republican)Michael Lawler (Republican)Andrew S. Clyde (Republican)Josh Brecheen (Republican)Cathy McMorris Rodgers (Republican)Michelle Fischbach (Republican)Troy Balderson (Republican)Brian Babin (Republican)Eric Burlison (Republican)
Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Responsible Borrower Protection Act of 2023 This bill prohibits the Federal Housing Finance Agency, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) from implementing their January 2023-announced changes to the single-family pricing framework for fees on purchase, rate-term refinance, and cash-out refinance loans. The changes revise the fee charts that provide percentage adjustments based on a borrower's credit score and other factors.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
Responsible Borrower Protection Act of 2023
USA118th CongressHR-2928| House
| Updated: 4/27/2023
Responsible Borrower Protection Act of 2023 This bill prohibits the Federal Housing Finance Agency, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) from implementing their January 2023-announced changes to the single-family pricing framework for fees on purchase, rate-term refinance, and cash-out refinance loans. The changes revise the fee charts that provide percentage adjustments based on a borrower's credit score and other factors.
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.
Andy Biggs
Republican Representative
Arizona
Cosponsors (45)
Matthew M. Rosendale (Republican)Dusty Johnson (Republican)Doug LaMalfa (Republican)Chris Stewart (Republican)Bob Good (Republican)Paul A. Gosar (Republican)Chip Roy (Republican)Barry Moore (Republican)Richard McCormick (Republican)Alexander X. Mooney (Republican)Brett Guthrie (Republican)Jefferson Van Drew (Republican)Thomas P. Tiffany (Republican)Keith Self (Republican)Aaron Bean (Republican)Andrew Ogles (Republican)Jerry L. Carl (Republican)Earl L. "Buddy" Carter (Republican)Scott Perry (Republican)Rudy Yakym (Republican)Lloyd Smucker (Republican)Anna Paulina Luna (Republican)Brad Finstad (Republican)Glenn Grothman (Republican)Brian J. Mast (Republican)Dan Bishop (Republican)Harriet M. Hageman (Republican)Michael Cloud (Republican)Lauren Boebert (Republican)Byron Donalds (Republican)Gary J. Palmer (Republican)Mike Bost (Republican)Russell Fry (Republican)Dale W. Strong (Republican)Debbie Lesko (Republican)Randy K. Sr. Weber (Republican)Ben Cline (Republican)Michael Lawler (Republican)Andrew S. Clyde (Republican)Josh Brecheen (Republican)Cathy McMorris Rodgers (Republican)Michelle Fischbach (Republican)Troy Balderson (Republican)Brian Babin (Republican)Eric Burlison (Republican)
Financial Services Committee
Finance and Financial Sector
Related Bills
- HR 118-2876: To cancel certain proposed changes to loan level price adjustments by the Federal National Mortgage Association and credit fees charged by the Federal Home Loan Mortgage Corporation.
- HR 118-2960: Fairness in Borrowing Act of 2023
- HR 118-3041: Secure Americans from Financial Exploitation (SAFE) Act
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted