[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2876 Introduced in House (IH)]
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118th CONGRESS
1st Session
H. R. 2876
To cancel certain proposed changes to loan level price adjustments by
the Federal National Mortgage Association and credit fees charged by
the Federal Home Loan Mortgage Corporation.
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IN THE HOUSE OF REPRESENTATIVES
April 26, 2023
Mrs. Bice (for herself, Mr. Meuser, Mr. Donalds, Mr. Mills, Mr.
Edwards, Mr. Alford, Mr. Fallon, Mr. Duncan, Mr. Kelly of Mississippi,
Mr. Norman, and Ms. Greene of Georgia) introduced the following bill;
which was referred to the Committee on Financial Services
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A BILL
To cancel certain proposed changes to loan level price adjustments by
the Federal National Mortgage Association and credit fees charged by
the Federal Home Loan Mortgage Corporation.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. CANCELLATION OF CHANGES.
The Federal Housing Finance Agency and the enterprises, as defined
in section 1303 of the Federal Housing Enterprises Financial Safety and
Soundness Act of 1992 (12 U.S.C. 4502), may not implement the changes
to the single-family pricing framework announced by the Federal Housing
Finance Agency on January 19, 2023, in an announcement entitled ``FHFA
Announces Updates to the Enterprises' Single-Family Pricing
Framework'', and set forth in Federal National Mortgage Association
Lender Letter LL-2023-01 and Federal Home Loan Mortgage Corporation
Bulletin 2023-1, and the changes, Lender Letter, and Bulletin shall
have no force or effect.
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