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FHA Modernization Act of 2007
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The FHA Modernization Act of 2007 (S.2338) was a bill in the 110th Congress "to amend title 11 of the United States Code with respect to modification of certain mortgages on principal residences, and for other purposes." (Official title.)[1]
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Contents |
Current status
| S.2338 (110th Congress) - FHA Modernization Act of 2007 | Status: Senate Passed |
An original bill to modernize and update the National Housing Act and enable the Federal Housing Administration to more effectively reach underserved borrowers, and for other purposes.
Sponsor: Sen. Christopher Dodd [D, CT]Committees: Senate Banking, Housing, and Urban Affairs
Bill summary
Congressional Research Service Summary
Key votes
Senate Record Vote (432)
December 14, 2007
On Passage of the Bill (S. 2338 as Amended )
On Passage of the Bill
On Passage of the Bill
Percentage of 'Aye' votes: 93% - Bill Passed
Required percentage of 'Aye' votes: 1/2 (50%)
93
Ayes
1
Nays
| Dem | Rep | Other | |
| Ayes | 45 | 46 | 2 |
| Nays | 0 | 1 | 0 |
| Abst. | 5 | 1 | 0 |
Supporters
Articles and resources
- Congressional Budget Office's cost estimate on FHA Modernization Act of 2007 as ordered by the Senate Committee on Banking, Housing, and Urban Affairs on September 19, 2007.
- FHA Research Center
