HR 3926 · 107th Congress · Finance and Financial Sector

To repeal a scheduled increase in the fee charged by the Government National Mortgage Association for guarantee of mortgage-backed securities.

Introduced 2002-03-12· Sponsored by Rep. LaFalce, John J. [D-NY-29]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Housing and Community Opportunity.(2002-03-18)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Higher Education Amendments of 1998 to repeal the provision establishing a Government National Mortgage Association (Ginnie Mae) nine basis point mortgage guarantee fee. (Such fee would otherwise become effective as of October 1, 2004.)…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

2 Democrats