119 HR 10028 IH: Making Ownership Viable for Everyone Act U.S. House of Representatives 2026-08-03 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.

I119th CONGRESS2d SessionH. R. 10028IN THE HOUSE OF REPRESENTATIVESAugust 3, 2026Mr. Kean introduced the following bill; which was referred to the Committee on Financial ServicesA BILLTo require the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation to begin purchasing and securitizing portable mortgages, and for other purposes.

1.

Short title

This Act may be cited as the Making Ownership Viable for Everyone Act or the MOVE Act.

2.

Purchase and securitization of portable mortgages

(a)

In general

The Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation shall, not later than 180 days after the date of the enactment of this section, begin purchasing and securitizing conventional mortgages under which the mortgagor is permitted by mortgagee to transfer the interest rate, terms and balance of such mortgage to a new property within 90 days of selling the property originally securing such mortgage. (b)

Conventional mortgage defined

The term conventional mortgage— (1)with respect to the Federal National Mortgage Association, has the meaning given the term in section 202(b)(2) of the Federal National Mortgage Association Charter Act and meets the requirements required for purchase and securitization under such Act; and (2)with respect to the Federal Home Loan Mortgage Corporation has the meaning given the term in section 302(i) of the Federal Home Loan Mortgage Corporation Act and meets the requirements required for purchase and securitization under such Act.