HR. 892In Committee
Mortgage Rate Reduction Act
Authorizes federal guarantees or insurance for certain second mortgages tied to FHA or VA first mortgages and requires publication of mortgage guarantee information
Plain-English overview
What this bill does
Authorizes federal guarantees or insurance for certain second mortgages tied to FHA or VA first mortgages and requires publication of mortgage guarantee information
Key points
- Require mortgage guarantee publication
- Authorize second mortgage guarantees
Current status
Where it stands
Status
In Committee
Latest action
2025-03-05 — Referred to the Subcommittee on Economic Opportunity.
Related context
Topics and policy areas
undefinedFinance and Financial Sector