Summary: S.2572 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for S.2572. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (09/26/2019)

FHA Loan Affordability Act of 2019

This bill requires Federal Housing Administration mortgage borrowers to pay mortgage insurance premiums only when their remaining principal balance exceeds 78% or more of the home value or sales price.