| 1 | 1 | | I |
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| 2 | 2 | | 119THCONGRESS |
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| 3 | 3 | | 1 |
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| 4 | 4 | | STSESSION H. R. 53 |
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| 5 | 5 | | To cancel certain proposed changes to credit fees charged by the Federal |
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| 6 | 6 | | National Mortgage Association and the Federal Home Loan Mortgage |
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| 7 | 7 | | Corporation, and for other purposes. |
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| 8 | 8 | | IN THE HOUSE OF REPRESENTATIVES |
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| 9 | 9 | | JANUARY3, 2025 |
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| 10 | 10 | | Mr. B |
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| 11 | 11 | | IGGSof Arizona (for himself, Mr. OGLES, Mr. BURLISON, Mr. WEBER |
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| 12 | 12 | | of Texas, Mr. C |
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| 13 | 13 | | LINE, Mr. BOST, and Mr. CLOUD) introduced the fol- |
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| 14 | 14 | | lowing bill; which was referred to the Committee on Financial Services |
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| 15 | 15 | | A BILL |
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| 16 | 16 | | To cancel certain proposed changes to credit fees charged |
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| 17 | 17 | | by the Federal National Mortgage Association and the |
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| 18 | 18 | | Federal Home Loan Mortgage Corporation, and for other |
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| 19 | 19 | | purposes. |
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| 20 | 20 | | Be it enacted by the Senate and House of Representa-1 |
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| 21 | 21 | | tives of the United States of America in Congress assembled, 2 |
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| 22 | 22 | | SECTION 1. SHORT TITLE. 3 |
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| 23 | 23 | | This Act may be cited as the ‘‘Responsible Borrower 4 |
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| 24 | 24 | | Protection Act of 2025’’. 5 |
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| 25 | 25 | | SEC. 2. CANCELLATION OF CHANGES. 6 |
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| 26 | 26 | | The Federal Housing Finance Agency and the enter-7 |
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| 27 | 27 | | prises (as such term is defined in section 1303 of the Fed-8 |
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| 28 | 28 | | VerDate Sep 11 2014 18:55 Jan 28, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H53.IH H53 |
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| 29 | 29 | | ssavage on LAPJG3WLY3PROD with BILLS 2 |
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| 30 | 30 | | •HR 53 IH |
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| 31 | 31 | | eral Housing Enterprises Financial Safety and Soundness 1 |
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| 32 | 32 | | Act of 1992 (12 U.S.C. 4502)) may not implement the 2 |
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| 33 | 33 | | changes to the single-family housing mortgage credit fee 3 |
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| 34 | 34 | | pricing framework of the enterprises announced by the 4 |
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| 35 | 35 | | Federal Housing Finance Agency on January 19, 2023 5 |
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| 36 | 36 | | (‘‘FHFA Announces Updates to the Enterprises’ Single- 6 |
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| 37 | 37 | | Family Pricing Framework’’), and set forth in Federal 7 |
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| 38 | 38 | | National Mortgage Association Lender Letter LL–2023– 8 |
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| 39 | 39 | | 01 and Federal Home Loan Mortgage Corporation Bul-9 |
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| 40 | 40 | | letin 2023–1, and such changes, Lender Letter, and Bul-10 |
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| 41 | 41 | | letin shall have no force or effect. 11 |
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| 42 | 42 | | SEC. 3. CONTINUATION OF RISK-BASED PRICING. 12 |
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| 43 | 43 | | This Act may not be construed to prohibit the enter-13 |
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| 44 | 44 | | prises from applying risk-based pricing for credit fees for 14 |
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| 45 | 45 | | single-family housing mortgages. 15 |
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| 46 | 46 | | Æ |
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| 47 | 47 | | VerDate Sep 11 2014 18:55 Jan 28, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H53.IH H53 |
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| 48 | 48 | | ssavage on LAPJG3WLY3PROD with BILLS |
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