h 21 42652 1175140800 false 1176868800 1752 807 110 400027

3/29/2007--Introduced.<br/>Expanding American Homeownership Act of 2007 - Amends the National Housing Act to: (1) modify guidelines governing the maximum principal loan obligation; (2) extend the mortgage term; and (3) revise requirements for cash payment by the mortgagor in the eligibility criteria for mortgage insurance. Directs the Secretary of Housing and Urban Development (HUD) to reinstate the current downpayment requirement in the event of increased defaults. Authorizes the Secretary to establish a mortgage insurance premium structure involving a single premium payment collected prior to the insurance of the mortgage that may vary during the mortgage term as long as the basis for determining the variable rate is established before the execution of the mortgage. Sets forth maximum up-front premium amounts. Permits the Secretary to insure any mortgage covering a one-family unit in a condominium project if the project has a certain HUD-insured blanket mortgage. Revises requirements for the Mutual Mortgage Insurance (MMI) Fund. Limits the authority of the Secretary to enter into commitments for loan guarantees. Makes insurance of a Native Hawaiian or Indian reservation mortgage the obligation of the MMI Fund (instead of the General Insurance Fund). Eliminates the limitation placed upon the aggregate number of home equity conversion mortgages insured under the Act. Authorizes the Secretary to insure a home equity conversion mortgage when its primary purpose is to enable an elderly mortgagor to purchase a one- to four-family dwelling in which the mortgagor will occupy one of the units. Authorizes the Secretary to enter into agreements to insure temporarily certain mortgages for a single family residence located within a presidentially declared major disaster area. Redefines mortgagee to allow participation in the federal mortgage insurance program by state-licensed mortgage brokers and correspondent lenders who make, underwrite, or service mortgage loans.<br/>

1176868800 2007-04-18 Thu Nov 06 20:53:20 -0600 2008 introduced 42652 'act':4 '2007':6 'expand':1 'american':2 'homeownership':3 49730 short introduced 42652 'act':8 'use':16 'base':19 'hous':7,13 'risk':18 'enabl':10 'feder':12 'price':20 'reach':24 'updat':4 'borrow':26 'effect':23 'modern':2 'nation':6 'purpos':30 'risk-bas':17 'administr':14 'underserv':25 45415 official action 42652 1176868800 Wed Apr 18 00:00:00 -0500 2007 116021 Referred to the Subcommittee on Housing and Community Opportunity. B001232 1937-08-15 2545 1034 Longworth House Office Building http://judybiggert.house.gov/ContactJudy.aspx 13 202-225-9420 Judy 'r':4 'il':5 '-13':6 'rep':1 'judi':2,7,9 'biggert':3,8,10 F 400027 Biggert Judy_Biggert Rep. Judy Biggert [R, IL-13] 1007 N00004762 7589 Republican 202-225-3515 Episcopalian IL Judy Biggert 4.90909090909091 http://judybiggert.house.gov/ B000013 1947-12-28 4030 2246 Rayburn Building http://www.house.gov/writerep/ 6 202-225-2082 Spencer 'r':4 '-6':6 'al':5 'rep':1 'bachus':3,8,10 'spencer':2,7,9 M 400010 Bachus Spencer_Bachus Thomas Rep. Spencer Bachus [R, AL-6] 2162 N00008091 7625 Republican 202-225-4921 Baptist AL Spencer Bachus 4.5 http://bachus.house.gov/HoR/AL06/Home/ B001247 1943-10-05 1373 414 Cannon House Office Building https://forms.house.gov/brown-waite/IMA/issue_subscribe.htm 5 202-226-6559 Virginia 'r':6 '-5':8 'fl':7 'rep':1 'wait':5,12,17 'brown':4,11,16 'ginni':13 'virginia':2,9,14 'brown-wait':3,10,15 F 400051 Brown-Waite Ginny_Brown-Waite Rep. Virginia Brown-Waite [R, FL-5] 389 Ginny N00024777 9054 Republican 202-225-1002 Catholic FL Ginny Virginia Brown-Waite 3.4 http://brown-waite.house.gov/ C001064 1955-07-19 4627 1728 Longworth House Office Building http://campbell.house.gov/Contact/ContactForm.htm 48 202-225-9177 John 'r':4 'ca':5 '-48':6 'rep':1 'john':2,7,9 'campbel':3,8,10 M 412011 Campbell John_Campbell Bayard Taylor Rep. John Campbell [R, CA-48] 1407 N00027565 6909 Republican 202-225-5611 CA John Campbell 4.22222222222222 http://campbell.house.gov/html/contact_form_email.cfm RepJohnCampbellCA48 C001047 1953-11-26 778 1431 Longworth House Office Building https://forms.house.gov/wyr/welcome.shtml 2 202-225-7856 Shelley 'r':4 '-2':6 'wv':5 'rep':1 'capito':3,8,10 'shelley':2,7,9 F 400061 Capito Shelley_Moore_Capito Moore Rep. Shelley Capito [R, WV-2] 104 N00009771 6696 Republican 202-225-2711 Presbyterian WV Shelley Capito 6.06666666666667 http://capito.house.gov/ D000603 1958-10-26 2218 1108 Longworth House Office Building http://geoffdavis.house.gov/Contact.aspx 4 202-225-0003 Geoff 'r':4 '-4':6 'ky':5 'rep':1 'davi':3,8,10 'geoff':2,7,9 M 400633 Davis Geoff_Davis Rep. Geoff Davis [R, KY-4] 770 N00024862 6449 Republican 202-225-3465 KY Geoff Davis 6.5 http://geoffdavis.house.gov/ CongressmanDavis F000447 1958-05-21 2485 Tom 'tom':1,3,5 'feeney':2,4,6 M 400131 Feeney Tom_Feeney C. Tom Feeney 1127 N00024851 5367 Republican Presbyterian Tom Feeney G000210 1939-02-01 1061 Paul 'paul':1,3,5 'gillmor':2,4,6 M 400150 Gillmor Paul_E._Gillmor E. Paul Gillmor 715 N00003660 3115 Republican Methodist Paul Gillmor L000553 1954-07-22 1142 2371 Rayburn House Office Building http://latourette.house.gov/ContactSteve.aspx 14 202-225-3307 Steven 'r':4 'oh':5 '-14':6 'rep':1 'steven':2,7,9 'latourett':3,8,10 M 400235 LaTourette Steven_C._LaTourette C. Rep. Steven LaTourette [R, OH-14] 456 N00003545 5965 Republican 202-225-5731 Methodist OH Steven LaTourette 5.75 http://www.house.gov/latourette/ L000491 1960-01-06 2754 2311 Rayburn House Office Building http://www.house.gov/lucas/zipauth.htm 3 202-225-8698 Frank 'r':4 '-3':6 'ok':5 'rep':1 'luca':3,8,10 'frank':2,7,9 M 400247 Lucas Frank_D._Lucas D. Rep. Frank Lucas [R, OK-3] 1020 N00005559 6880 Republican 202-225-5565 Baptist OK Frank Lucas 3.0 http://www.house.gov/lucas/ M001158 1951-02-23 1214 1037 Longworth House Office Building http://marchant.house.gov/emailkenny.shtml 24 202-225-0074 Kenny 'r':4 'tx':5 '-24':6 'rep':1 'kenni':2,7,9 'marchant':3,8,10 M 400656 Marchant Kenny_Marchant Ewell Rep. Kenny Marchant [R, TX-24] 208 N00026710 6077 Republican 202-225-6605 Nazarene TX Kenny Marchant http://marchant.house.gov/ M001147 1965-08-22 2499 1632 Longworth House Office Building http://mccotter.house.gov/HoR/MI11/Contact/Office+Contact+Information/Zipcode+Authentication+Page.htm 11 202-225-2667 Thaddeus 'r':4 'mi':5 '-11':6 'rep':1 'thad':9 'mccotter':3,8,11 'thaddeus':2,7,10 M 400260 McCotter Thaddeus_G._McCotter G. Rep. Thaddeus McCotter [R, MI-11] 752 Thad N00013808 8064 Republican 202-225-8171 Roman Catholic MI Thad Thaddeus McCotter 6.64705882352941 http://mccotter.house.gov/HoR/MI11/Home/ RepMcCotter M001139 1948-10-16 2503 2438 Rayburn House Office Building http://garymiller.house.gov/Contact/ 42 202-226-6962 Gary 'r':4 'ca':5 '-42':6 'rep':1 'gari':2,7,9 'miller':3,8,10 M 400277 Miller Gary_G._Miller Gene Rep. Gary Miller [R, CA-42] 715 N00006954 6187 Republican 202-225-3201 Christian CA Gary Miller 4.16666666666667 http://garymiller.house.gov/ N000182 1949-12-24 2125 429 Cannon House Office Building http://www.randy.house.gov/?sectionid=65&sectiontree=8,65 19 202-225-9615 Randy 'r':4 'tx':5 '-19':6 'rep':1 'randi':2,7,9 'neugebau':3,8,10 M 400441 Neugebauer Randy_Neugebauer Rep. Randy Neugebauer [R, TX-19] 871 N00026043 6019 Republican 202-225-4005 Baptist TX Randy Neugebauer 5.375 http://www.randy.house.gov P000588 1947-08-24 275 Steven 'pearc':2,4,7 'steve':5 'steven':1,3,6 M 400313 Pearce Stevan_Pearce E. Steven Pearce 31 Steve N00012672 4319 Republican Steven Pearce P000555 1951-07-29 1285 Deborah 'pryce':2,4,6 'deborah':1,3,5 F 400327 Pryce Deborah_Pryce D. Deborah Pryce 541 N00003504 4584 Republican Presbyterian Deborah Pryce R000574 1958-06-11 2100 Rick 'rick':1,3,5 'renzi':2,4,6 M 400336 Renzi Rick_Renzi Rick Renzi 949 N00024931 4931 Republican Roman Catholic Rick Renzi S001144 1945-10-18 2523 Christopher 'shay':2,4,6 'christoph':1,3,5 M 400370 Shays Christopher_Shays H. Christopher Shays 1680 N00000652 5501 Republican Christian Scientist Christopher Shays T000459 1962-01-29 2378 1524 Longworth House Office Building http://www.house.gov/formleeterry/IMA/issue.htm 2 202-226-5452 Lee 'r':4 '-2':6 'ne':5 'lee':2,7,9 'rep':1 'terri':3,8,10 M 400400 Terry Lee_Terry R. Rep. Lee Terry [R, NE-2] 997 N00005321 6133 Republican 202-225-4155 Methodist NE Lee Terry http://leeterry.house.gov/ action 42652 1176868800 Wed Apr 18 00:00:00 -0500 2007 116021 Referred to the Subcommittee on Housing and Community Opportunity. action 42652 1175140800 Thu Mar 29 00:00:00 -0500 2007 107644 Referred to the House Committee on Financial Services. introduced 42652 1175140800 Thu Mar 29 00:00:00 -0500 2007 107643