Summary: H.R.5338 — 106th Congress (1999-2000)All Information (Except Text)

There is one summary for H.R.5338. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/28/2000)

Protection of the American Dream Act - Amends the Homeowners Protection Act of 1998 to replace the definition of "private mortgage insurance" with a definition of "qualified mortgage insurance" which includes National Housing Act (FHA) mortgage insurance.

Amends the National Housing Act to provide for cancellation of single family home mortgage insurance.