Summary: H.R.123 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.123. Bill summaries are authored by CRS.

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Introduced in House (01/03/2017)

FHA Alternative Credit Pilot Program Reauthorization Act of 2017

This bill amends the National Housing Act to reauthorize a pilot program that establishes for mortgagees an automated process for providing alternative credit rating information on mortgagors and prospective mortgagors under mortgages on one- to four-family residences who have insufficient credit histories for determining their creditworthiness.