This bill seeks to prevent the implementation of certain modifications to the single-family mortgage pricing framework by the Federal Housing Finance Agency (FHFA) and government-sponsored enterprises. Specifically, it targets proposed changes to loan level price adjustments by the Federal National Mortgage Association (Fannie Mae) and credit fees charged by the Federal Home Loan Mortgage Corporation (Freddie Mac). The legislation explicitly cancels the changes announced by the FHFA on January 19, 2023, which were detailed in Fannie Mae Lender Letter LL-2023-01 and Freddie Mac Bulletin 2023-1. If enacted, these specific adjustments to the enterprises' pricing framework would be rendered without any force or effect, ensuring they cannot be put into practice.