FEDERAL HOUSING ADMINISTRATION

Bills and resolutions

Mortgages: ensure stability in maximum mortgage amount limitations for areas experiencing decreases in median home prices (see H.R. 4208), H2360 [12MR]

——— establish programs to encourage use of shared equity mortgage modifications (see S. 2854), S5782 [18SE]

Remarks in House

Credit: prohibit Federal agencies from guaranteeing, making, or insuring a mortgage secured by a residence in a jurisdiction that has used eminent domain to take a residential mortgage (H.R. 2733), H1917 [25FE]

Dept. of HUD: prohibit Distressed Asset Stabilization Program funding to pay FHA mortgage insurance claims unless loans are compliant with loss mitigation requirements, H5226 [10JN]

Mortgages: increase transparency in Federal budgeting to modify risk assessment in mortgage insurance programs, H2968, H2969, H2972 [7AP]