US HB1908 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Democrat 34-1)
Status: Introduced on April 21 2015 - 25% progression, died in chamber
Action: 2015-04-22 - Sponsor introductory remarks on measure. (CR E559)
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 21 2015 - 25% progression, died in chamber
Action: 2015-04-22 - Sponsor introductory remarks on measure. (CR E559)
Text: Latest bill text (Introduced) [PDF]
Summary
Housing Financial Literacy Act of 2015 Amends the National Housing Act to revise the single insurance premium payment for a mortgage (secured by a one- to four-family dwelling that is an obligation of the Mutual Mortgage Insurance Fund) of a first-time homebuyer who completes a program of counseling on the responsibilities and financial management involved in homeownership that is approved by the Secretary of Housing and Urban Development. Repeals the current maximum premium payment of 2.75% of the amount of the mortgage's original insured principal obligation. Sets the single mortgage insurance premium payment at 25 basis points lower than the premium payment amount otherwise established.
Title
Housing Financial Literacy Act of 2015
Sponsors
Rep. Joyce Beatty [D-OH] | Rep. Steve Stivers [R-OH] | Rep. Ruben Hinojosa [D-TX] | Rep. Terri Sewell [D-AL] |
Rep. Carolyn Maloney [D-NY] | Rep. Gwen Moore [D-WI] | Rep. Donna Edwards [D-MD] | Rep. John Conyers [D-MI] |
Rep. Robin Kelly [D-IL] | Rep. Denny Heck [D-WA] | Rep. Tony Cardenas [D-CA] | Rep. Bonnie Coleman [D-NJ] |
Rep. Al Green [D-TX] | Rep. Charles Rangel [D-NY] | Rep. Janice Hahn [D-CA] | Rep. Eleanor Norton [D-DC] |
Rep. Elijah Cummings [D-MD] | Rep. Chaka Fattah [D-PA] | Rep. David Scott [D-GA] | Rep. Lacy Clay [D-MO] |
Rep. Marcia Fudge [D-OH] | Rep. Marcy Kaptur [D-OH] | Rep. Andre Carson [D-IN] | Rep. Eddie Johnson [D-TX] |
Rep. Barbara Lee [D-CA] | Rep. Jose Serrano [D-NY] | Rep. Joseph Crowley [D-NY] | Rep. John Lewis [D-GA] |
Rep. Brenda Lawrence [D-MI] | Rep. Alcee Hastings [D-FL] | Rep. Stacey Plaskett [D-VI] | Rep. Sheila Jackson-Lee [D-TX] |
Rep. Alma Adams [D-NC] | Rep. Henry Johnson [D-GA] | Rep. Danny Davis [D-IL] |
History
Date | Chamber | Action |
---|---|---|
2015-04-22 | House | Sponsor introductory remarks on measure. (CR E559) |
2015-04-21 | House | Referred to the House Committee on Financial Services. |
2015-04-21 | House | Introduced in House |
Subjects
Financial literacy
Housing and community development
Housing finance and home ownership
Life, casualty, property insurance
Housing and community development
Housing finance and home ownership
Life, casualty, property insurance
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/house-bill/1908/all-info |
Text | https://www.congress.gov/114/bills/hr1908/BILLS-114hr1908ih.pdf |