[Congressional Record Volume 169, Number 159 (Friday, September 29, 2023)]
[House]
[Page H4911]
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 pursuant 
     to the following:
       Article 1, Section 8
       The single subject of this legislation is:
       This bill amends the Fannie Mae and Freddie Mac charter 
     acts to clarify that title insurance protecting the lien 
     priority is required for a loan to be a conventional mortgage 
     and thus eligible for sale to the Enterprises. The bill also 
     requires that prior to the Enterprises offering a new 
     business, product, or activity they must seek the approval of 
     FHFA and Congress.