HR 4804 · 109th Congress · Housing and Community Development
FHA Manufactured Housing Loan Modernization Act of 2006
Bill Progress
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Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2006-07-26)
Recorded Votes
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Plain Language Summary
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FHA Manufactured Housing Loan Modernization Act of 2006 - Amends the National Housing Act with respect to Federal Housing Administration (FHA) housing loan insurance for manufactured homes (or lots for such homes) to: (1) exempt such loans from certain financial institution portfolio limits; (2) establish loan-to-value ratio and downpayment requirements; (3) provide that any such contract shall be conclusive evidence of an institution's insurance eligibility; (4) increase loan limits; (5) set forth borrower premium charges; and (6) direct the Secretary of Housing and Urban Development to establish underwriting criteria that will ensure the manufactured housing program's financial soundness.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 4804, FHA Manufactured Housing Loan Modernization Act of 2006
Jul 11, 2006<p>Cost estimate for the bill as ordered reported by the Hosue Committee on Financial Services on June 14, 2006</p>
Full CBO report ↗H.R. 4804, FHA Manufactured Housing Loan Modernization Act of 2006
Jul 11, 2006Cost estimate for the bill as ordered reported by the Hosue Committee on Financial Services on June 14, 2006
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office