HR 2816 · 113th Congress · Housing and Community Development
FHA Alternative Credit Pilot Program Reauthorization Act of 2013
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Financial Services.(2013-07-24)
Plain Language Summary
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FHA Alternative Credit Pilot Program Reauthorization Act of 2013 - Amends the National Housing Act to extend from five to 10 years the pilot program to establish for mortgagees an automated process for providing alternative credit rating information on mortgagors and prospective mortgagors under mortgages on 1- to 4-family residences who have insufficient credit histories for determining their creditworthiness.…
Summarized by Claude AI · Non-partisan · For informational purposes only