[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 123 Introduced in House (IH)]

114th CONGRESS
  1st Session
                                H. R. 123

 To extend the pilot program under section 258 of the National Housing 
  Act that establishes an automated process for providing alternative 
  credit rating information for mortgagors and prospective mortgagors 
                        under certain mortgages.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 6, 2015

     Mr. Al Green of Texas (for himself and Ms. Chu of California) 
 introduced the following bill; which was referred to the Committee on 
                           Financial Services

_______________________________________________________________________

                                 A BILL


 
 To extend the pilot program under section 258 of the National Housing 
  Act that establishes an automated process for providing alternative 
  credit rating information for mortgagors and prospective mortgagors 
                        under certain mortgages.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``FHA Alternative Credit Pilot Program 
Reauthorization Act of 2015''.

SEC. 2. EXTENSION OF PILOT PROGRAM.

    Section 258(d) of the National Housing Act (12 U.S.C. 1715z-24(d)) 
is amended by striking ``5-year'' and inserting ``10-year''.
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