H.R.5338 - Protection of the American Dream Act106th Congress (1999-2000)
|Sponsor:||Rep. Hansen, James V. [R-UT-1] (Introduced 09/28/2000)|
|Committees:||House - Banking and Financial Services|
|Latest Action:||10/13/2000 Referred to the Subcommittee on Housing and Community Opportunity.|
This bill has the status Introduced
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Subject — Policy Area:
- Housing and Community Development
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Summary: H.R.5338 — 106th Congress (1999-2000)All Bill Information (Except Text)
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.
Introduced in House (09/28/2000)
Amends the National Housing Act to provide for cancellation of single family home mortgage insurance.