FHA Loan Affordability Act of 2019 2019-11-12 Reported to House FHA Loan Affordability Act of 2019

This bill requires Federal Housing Administration mortgage borrowers to pay mortgage insurance premiums only when their remaining principal balance exceeds 78% or more of the home value or sales price. The bill applies only to mortgages insured after the bill's enactment.

]]> 2019-06-05 Introduced in House FHA Loan Affordability Act of 2019

This bill requires Federal Housing Administration mortgage borrowers to pay mortgage insurance premiums only when their remaining principal balance exceeds 78% or more of the home value or sales price.

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