H.R. 123 · 116th Congress
FHA Additional Credit Pilot Program Reauthorization Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
GreenSponsor2 cosponsors · 2 D
0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Alternative Data for Additional Credit FHA Pilot Program Reauthorization Act
What it does: CRS summary · Reported to House · Dec 17, 2020
Alternative Data for Additional Credit FHA Pilot Program Reauthorization Act
This bill establishes a pilot program for an additional credit rating system for use by mortgage lenders. Specifically, the program utilizes one or more commercially available credit scoring models that apply additional credit information about borrowers who have insufficient credit histories for purposes of determining their creditworthiness for mortgages insured by the Federal Housing Administration.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Alternative Data for Additional Credit FHA Pilot Program Reauthorization Act
Latest action (Dec 17, 2020): Placed on the Union Calendar, Calendar No. 547.
Policy area: Housing and Community Development · Origin: House · Introduced: Jan 3, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.