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    <number>892</number>
    <updateDate>2025-06-03T19:48:34Z</updateDate>
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    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2025-01-31</introducedDate>
    <congress>119</congress>
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      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 171, Number 21 (Friday, January 31, 2025)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. RYAN:H.R. 892.Congress has the power to enact this legislation pursuantto the following:Article 1[Page H434]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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            <name>Economic Opportunity Subcommittee</name>
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                <name>Referred to</name>
                <date>2025-03-05T22:42:24Z</date>
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            <name>Referred To</name>
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        <text>Referred to the Subcommittee on Economic Opportunity.</text>
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        <actionDate>2025-01-31</actionDate>
        <text>Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.</text>
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            <name>Veterans' Affairs Committee</name>
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        <actionDate>2025-01-31</actionDate>
        <text>Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.</text>
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        <bioguideId>R000579</bioguideId>
        <fullName>Rep. Ryan, Patrick [D-NY-18]</fullName>
        <firstName>Patrick</firstName>
        <lastName>Ryan</lastName>
        <party>D</party>
        <state>NY</state>
        <district>18</district>
        <isByRequest>N</isByRequest>
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    <policyArea>
      <name>Finance and Financial Sector</name>
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    <subjects>
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      <policyArea>
        <name>Finance and Financial Sector</name>
        <updateDate>2025-03-04T17:14:21Z</updateDate>
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        <updateDate>2025-06-03T19:47:15Z</updateDate>
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          <text>&lt;p&gt;&lt;strong&gt;Mortgage Rate Reduction Act&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;This bill authorizes the federal guarantee, or insurance, of certain second mortgages. Specifically, this applies to properties with a first mortgage guaranteed by the Federal Housing Administration (FHA) or the Department of Veterans Affairs (VA). For a second mortgage to qualify, the first mortgage on the property must be guaranteed under the same authority.&lt;/p&gt;&lt;p&gt;The bill also requires the publication of mortgage guarantee information by&amp;nbsp;the FHA, VA, and Department of Agriculture. For each mortgage guaranteed, these agencies must publish the address of the property and the date of the loan.&lt;/p&gt;</text>
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    <title>Mortgage Rate Reduction Act</title>
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        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>Mortgage Rate Reduction Act</title>
        <updateDate>2025-03-01T04:53:27Z</updateDate>
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        <titleType>Short Title(s) as Introduced</titleType>
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        <title>Mortgage Rate Reduction Act</title>
        <updateDate>2025-03-01T04:53:25Z</updateDate>
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        <titleType>Official Title as Introduced</titleType>
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        <title>To require the heads of certain agencies to disclose information about loans insured and guaranteed by such agencies, and for other purposes.</title>
        <updateDate>2025-03-01T04:48:40Z</updateDate>
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        <date>2025-01-31T05:00:00Z</date>
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    <latestAction>
      <actionDate>2025-03-05</actionDate>
      <text>Referred to the Subcommittee on Economic Opportunity.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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