3.0.0 4208 2023-01-11T13:26:51Z 2023-01-11T13:26:51Z House H HR 2014-03-12 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. GARY G. MILLER of California:H.R. 4208.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 3, the Commerce Clause, of theUnited States Constitution.[Page H2361]]]> hsba00 Financial Services Committee House Standing Referred to 2014-03-12T14:01:20Z 2014-03-12 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2014-03-12 Introduced in House IntroReferral Intro-H 9 Library of Congress 2014-03-12 Introduced in House IntroReferral 1000 9 Library of Congress M001139 Rep. Miller, Gary G. [R-CA-31] GARY MILLER R CA 31 N S000344 Rep. Sherman, Brad [D-CA-30] BRAD SHERMAN D CA 30 2014-03-12 True M000087 Rep. Maloney, Carolyn B. [D-NY-12] CAROLYN MALONEY D NY B. 12 2014-03-12 True C000059 Rep. Calvert, Ken [R-CA-42] KEN CALVERT R CA 42 2014-03-12 True M001166 Rep. McNerney, Jerry [D-CA-9] Jerry McNerney D CA 9 2014-03-12 True K000210 Rep. King, Peter T. [R-NY-2] PETER KING R NY T. 2 2014-03-12 True W000187 Rep. Waters, Maxine [D-CA-43] MAXINE WATERS D CA 43 2014-03-24 False S001193 Rep. Swalwell, Eric [D-CA-15] Eric Swalwell D CA 15 2014-03-24 False T000460 Rep. Thompson, Mike [D-CA-5] MIKE THOMPSON D CA 5 2014-03-24 False N000187 Rep. Negrete McLeod, Gloria [D-CA-35] Gloria Negrete McLeod D CA 35 2014-03-24 False V000129 Rep. Valadao, David G. [R-CA-21] David Valadao R CA G. 21 2014-03-25 False H001034 Rep. Honda, Michael M. [D-CA-17] MICHAEL HONDA D CA M. 17 2014-03-25 False B001287 Rep. Bera, Ami [D-CA-7] Ami Bera D CA 7 2014-03-25 False B001285 Rep. Brownley, Julia [D-CA-26] Julia Brownley D CA 26 2014-03-25 False H001068 Rep. Huffman, Jared [D-CA-2] Jared Huffman D CA 2 2014-04-01 False T000472 Rep. Takano, Mark [D-CA-41] Mark Takano D CA 41 2014-04-28 False B001270 Rep. Bass, Karen [D-CA-37] Karen Bass D CA 37 2014-04-28 False H001066 Rep. Horsford, Steven [D-NV-4] Steven Horsford D NV 4 2014-05-07 False A000369 Rep. Amodei, Mark E. [R-NV-2] Mark Amodei R NV E. 2 2014-05-09 False V000130 Rep. Vargas, Juan [D-CA-51] Juan Vargas D CA 51 2014-05-29 False C001059 Rep. Costa, Jim [D-CA-16] Jim Costa D CA 16 2014-06-09 False H001055 Rep. Heck, Joseph J. [R-NV-3] Joseph Heck R NV J. 3 2014-06-11 False G000571 Rep. Gabbard, Tulsi [D-HI-2] Tulsi Gabbard D HI 2 2014-07-08 False D000612 Rep. Denham, Jeff [R-CA-10] Jeff Denham R CA 10 2014-09-09 False H001064 Rep. Heck, Denny [D-WA-10] Denny Heck D WA 10 2014-11-12 False Housing and Community Development Government lending and loan guarantees Housing finance and home ownership Housing and Community Development 00 2014-03-12 Introduced in House 2014-04-10T17:24:06Z Stabilizing FHA Loan Limit Calculations Act of 2014 - Amends the National Housing Act, with respect to the mortgage insurance eligibility of a 1-family or a 2-, 3-, or 4-family residence, to revise the formula for determining the median house price in the larger formula for determining the principal obligation of a mortgage.

Declares that, for 2014 and each succeeding year, the median house price for any size residence for an area shall be considered to be the greatest median house price for such size residence for that area used by the Secretary of Housing and Urban Development (HUD) to determine the dollar amount limitation on the principal obligation for 2013, or for any succeeding year before the assignment of the Federal Housing Administration (FHA) case number for the mortgage involved.

Allows the Secretary, however, to increase the maximum dollar limitation on the principal obligation of an eligible mortgage otherwise in effect for a particular size or sizes of residence in any geographic area smaller than an area for which dollar amount limitations are ordinarily determined, if a higher maximum dollar amount limitation is warranted by higher median home prices in that smaller area.

]]> Stabilizing FHA Loan Limit Calculations Act of 2014 Display Title Stabilizing FHA Loan Limit Calculations Act of 2014 Official Title as Introduced To ensure stability in FHA maximum mortgage amount limitations for areas experiencing decreases in median home prices. Introduced in House IH Short Titles as Introduced Stabilizing FHA Loan Limit Calculations Act of 2014 Introduced in House 2014-03-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr4208ih/xml/BILLS-113hr4208ih.xml 2014-03-12 Referred to the House Committee on Financial Services. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.