U.S. Congress - S.1805 FHA Loan Limit Adjustment Act of 2007
S.1805 - FHA Loan Limit Adjustment Act of 2007
A bill to amend the National Housing Act to increase the mortgage amount limits applicable to housing insured by FHA mortgage insurance. view all titles (2)
All Bill Titles
- Short: FHA Loan Limit Adjustment Act of 2007 as introduced.
- Official: A bill to amend the National Housing Act to increase the mortgage amount limits applicable to housing insured by FHA mortgage insurance. as introduced.
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Official Summary
7/17/2007--Introduced.FHA Loan Limit Adjustment Act of 2007 - Amends the National Housing Act with respect to mortgage insurance eligibility to revise requirements for the principal amount of a mortgage loan, in part increasing the amount of a mortgage that may be insured by the Federal HoOfficial Summary
7/17/2007--Introduced.FHA Loan Limit Adjustment Act of 2007 - Amends the National Housing Act with respect to mortgage insurance eligibility to revise requirements for the principal amount of a mortgage loan, in part increasing the amount of a mortgage that may be insured by the Federal Housing Administration (FHA). Repeals the requirement that certain mortgagors, before a mortgage is insured, complete a program of counseling on the responsibilities and financial management involved in homeownership. Increases high-cost area and project-based additional mortgage loan limits for FHA-insured mortgages for:
(1) rental housing;
(2) cooperative housing;
(3) rehabilitation and neighborhood conservation housing insurance;
(4) moderate income and displaced family housing;
(5) housing for the elderly; and
(6) condominiums.
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Recent Blog Coverage
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Live from the (upper) Texas Gulf Coast: Whining Warner
Supported the amendment to what eventually became the Protection of Lawful Commerce in Arms Act (S. 1805) that would have commissioned a study to determine whether certain hunting ammunition should be banned for its armor-piercing ...
Paul Helmke: Message to President-Elect Obama: After Heller ...
McCain was wrong for voting for it back in 2004 (it was an amendment to S. 1805 for which McCain voted yes.) The NRA still endorsed both of them. We don't agree with the call for renewing the ban. Also, the Heller case should have ...
Albany Democrat Herald: Archived Articles
John McCain sponsored an amendment to S. 1805 on March 2, 2004 that would outlaw the private sale of firearms at gun shows. According to GOA, the provision would effectively eliminate gun shows, because every member of an organization ...
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