3.0.0
5837
2025-12-05T09:20:56Z
2025-12-05T09:20:56Z
House
H
HR
2023-09-29
118
https://www.congress.gov/bill/118th-congress/house-bill/5837
[Congressional Record Volume 169, Number 159 (Friday, September 29, 2023)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. GARBARINO:H.R. 5837.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8The single subject of this legislation is:This bill amends the Fannie Mae and Freddie Mac charteracts to clarify that title insurance protecting the lienpriority is required for a loan to be a conventional mortgageand thus eligible for sale to the Enterprises. The bill alsorequires that prior to the Enterprises offering a newbusiness, product, or activity they must seek the approval ofFHFA and Congress.[Page H4911]
- hsba00
Financial Services Committee
House
Standing
  - Referred To
2023-09-29T14:03:10Z

- Protecting America's Property Rights Act
118
2687
S
2023-07-27
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  - Identical bill
CRS
- 2023-09-29
Referred to the House Committee on Financial Services.
IntroReferral
H11100
2
House floor actions
  - hsba00
Financial Services Committee
- 2023-09-29
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2023-09-29
Introduced in House
IntroReferral
1000
9
Library of Congress
- G000597
Rep. Garbarino, Andrew R. [R-NY-2]
Andrew
Garbarino
R
NY
R.
2
N
- G000581
Rep. Gonzalez, Vicente [D-TX-34]
Vicente
Gonzalez
D
TX
34
2023-09-29
True
- M001219
Del. Moylan, James C. [R-GU-At Large]
James
Moylan
R
GU
C.
0
2023-10-13
False
- N000194
Rep. Nickel, Wiley [D-NC-13]
Wiley
Nickel
D
NC
13
2023-12-04
False
- S000344
Rep. Sherman, Brad [D-CA-32]
BRAD
SHERMAN
D
CA
32
2023-12-19
False
- K000397
Rep. Kim, Young [R-CA-40]
Young
Kim
R
CA
40
2024-02-15
False
- L000569
Rep. Luetkemeyer, Blaine [R-MO-3]
Blaine
Luetkemeyer
R
MO
3
2024-03-26
False
- R000610
Rep. Reschenthaler, Guy [R-PA-14]
Guy
Reschenthaler
R
PA
14
2024-04-15
False
- S001148
Rep. Simpson, Michael K. [R-ID-2]
Michael
Simpson
R
ID
K.
2
2024-05-14
False
- W000795
Rep. Wilson, Joe [R-SC-2]
Joe
Wilson
R
SC
2
2024-05-14
False
- G000583
Rep. Gottheimer, Josh [D-NJ-5]
Josh
Gottheimer
D
NJ
5
2024-05-14
False
- R000103
Rep. Rosendale, Matthew M. [R-MT-2]
Matthew
Rosendale
R
MT
M.
2
2024-05-14
False
- G000576
Rep. Grothman, Glenn [R-WI-6]
Glenn
Grothman
R
WI
6
2024-05-14
False
- R000609
Rep. Rutherford, John H. [R-FL-5]
John
Rutherford
R
FL
H.
5
2024-05-21
False
- S001214
Rep. Steube, W. Gregory [R-FL-17]
W.
Steube
R
FL
Gregory
17
2024-05-21
False
- L000598
Rep. LaLota, Nick [R-NY-1]
Nick
LaLota
R
NY
1
2024-07-11
False
- H001067
Rep. Hudson, Richard [R-NC-9]
Richard
Hudson
R
NC
9
2024-10-11
False
Finance and Financial Sector
Finance and Financial Sector
2023-10-16T15:15:31Z
00
2023-09-29
Introduced in House
2024-07-01T20:21:32Z
Protecting America's Property Rights Act
This bill requires title insurance on conventional mortgages purchased by Fannie Mae and Freddie Mac. Specifically, these mortgages must be secured by real property and the priority of the mortgage lien must be insured by a title insurance company that is licensed and authorized to do business in the appropriate state, territory, or district.
The bill also prohibits Fannie Mae and Freddie Mac from implementing any new program without the approval of the Federal Housing Finance Agency (FHFA), in addition to the approval of the Department of the Treasury as under current law. Approval from both is also required for any new activity, product, or type of risk.
FHFA must appear before Congress on a semiannual basis regarding new programs, activities, products, or types of risk.

Protecting America's Property Rights Act
- Display Title
45

Protecting America's Property Rights Act
2024-06-11T15:44:19Z
- Short Title(s) as Introduced
101

Protecting America's Property Rights Act
2024-05-24T13:36:03Z
Introduced in House
IH
- Official Title as Introduced
6

To provide additional requirements for the purchase and sale of conventional mortgages by the enterprises, and for other purposes.
2024-03-18T21:33:03Z
Introduced in House
IH
- Introduced in House
2023-09-29T04:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr5837ih/xml/BILLS-118hr5837ih.xml
2023-09-29
Referred to the House Committee on Financial Services.
text/xml
EN
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