U.S. Congress - H.R.1852 Expanding American Homeownership Act of 2007
H.R.1852 - Expanding American Homeownership Act of 2007
To modernize and update the National Housing Act and enable the Federal Housing Administration to use risk-based pricing to more effectively reach underserved borrowers, and for other purposes. view all titles (4)
All Bill Titles
- Short: Expanding American Homeownership Act of 2007 as reported to house.
- Short: Expanding American Homeownership Act of 2007 as passed house.
- Short: Expanding American Homeownership Act of 2007 as introduced.
- Official: To modernize and update the National Housing Act and enable the Federal Housing Administration to use risk-based pricing to more effectively reach underserved borrowers, and for other purposes. as introduced.
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Seems like this bill is just lying in wait, why hasn’t this bill been resolved between the House & the Senate?
5-7-08 -Is the raising of FHA loan limits (to a possible $416k? national limit) for REVERASE MORTGAGES in this legislation? It was kicked out of the Stimulus Act and added to several other bills. Congress dragging their feet and will soon go on vacation!
Does anyone know the status of this important legislation for seniors? Times are really tough for those of us on fixed incomes and we need those limits raised in order to obtain as much as possible from a reverse mortgage.
Help! ANY info most welcome.
This needs to be solved and hopefully we can help the 6,000 seniors living in coops in Laguna Woods Village, CA.