Legis Daily

Accurate Credit Reporting for Homebuyers Act

USA118th CongressHR-7857| House 
| Updated: 4/2/2024
Scott Fitzgerald

Scott Fitzgerald

Republican Representative

Wisconsin

Cosponsors (5)
Alexander X. Mooney (Republican)Daniel Meuser (Republican)Blaine Luetkemeyer (Republican)John W. Rose (Republican)Bill Huizenga (Republican)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Accurate Credit Reporting for Homebuyers Act This bill requires lenders at government-sponsored enterprises (i.e., Fannie Mae and Freddie Mac) to obtain a borrower’s consumer report and credit score from all three of the national credit reporting agencies when purchasing a residential mortgage loan. Currently, lenders are allowed to use either two or three credit reports.
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Timeline
Apr 2, 2024
Introduced in House
Apr 2, 2024
Referred to the House Committee on Financial Services.
  • April 2, 2024
    Introduced in House


  • April 2, 2024
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Accurate Credit Reporting for Homebuyers Act

USA118th CongressHR-7857| House 
| Updated: 4/2/2024
Accurate Credit Reporting for Homebuyers Act This bill requires lenders at government-sponsored enterprises (i.e., Fannie Mae and Freddie Mac) to obtain a borrower’s consumer report and credit score from all three of the national credit reporting agencies when purchasing a residential mortgage loan. Currently, lenders are allowed to use either two or three credit reports.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 2, 2024
Introduced in House
Apr 2, 2024
Referred to the House Committee on Financial Services.
  • April 2, 2024
    Introduced in House


  • April 2, 2024
    Referred to the House Committee on Financial Services.
Scott Fitzgerald

Scott Fitzgerald

Republican Representative

Wisconsin

Cosponsors (5)
Alexander X. Mooney (Republican)Daniel Meuser (Republican)Blaine Luetkemeyer (Republican)John W. Rose (Republican)Bill Huizenga (Republican)

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted