To cancel certain proposed changes to credit fees charged by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, and for other purposes.
Summary
What This Bill Does
The bill requires cancellation of changes The Federal Housing Finance Agency and the enterprises (as such term is defined in section 1303 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C and requires continuation of risk-based pricing This Act may not be construed to prohibit the enterprises from applying risk-based pricing for credit fees for single-family housing mortgages. It relies on compliance mandates. The main policy areas are Homeowners, Finance, and Housing.
Who Benefits and How
Public beneficiaries or protected communities affected by the clause could face reduced risk.
Who Bears the Burden and How
Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Homeowners, tenants, or housing market participants affected by the bill would take on compliance duties, and Financial services firms and customers affected by the bill would take on compliance duties.
Key Provisions
- Requires cancellation of changes The Federal Housing Finance Agency and the enterprises (as such term is defined in section 1303 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C.
- Requires continuation of risk-based pricing This Act may not be construed to prohibit the enterprises from applying risk-based pricing for credit fees for single-family housing mortgages.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill requires cancellation of changes The Federal Housing Finance Agency and the enterprises (as such term is defined in section 1303 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C and requires continuation of risk-based pricing This Act may not be construed to prohibit the enterprises from applying risk-based pricing for credit fees for single-family housing mortgages.
Key Policy Areas
Homeowners, Finance, Housing
Primary Purpose
The bill requires cancellation of changes The Federal Housing Finance Agency and the enterprises (as such term is defined in section 1303 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C and requires continuation of risk-based pricing This Act may not be construed to prohibit the enterprises from applying risk-based pricing for credit fees for single-family housing mortgages.
Policy Domains
Whole bill
Identified Gains
- Public beneficiaries or protected communities affected by the clause
Identified Costs
- Federal, state, or local agencies responsible for implementing the clause
- Homeowners, tenants, or housing market participants affected by the bill
- Financial services firms and customers affected by the bill
Sponsors
Legislative Progress
IntroducedMr. Biggs (for himself, Mr. Gosar, Mr. Weber of Texas, …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
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