Mortgage Insurance Freedom Act

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 5508 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 5508 To amend the National Housing Act to restrict the collection of annual mortgage insurance premiums when a 78 percent loan-to value ratio is reached, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES September 19, 2025 Mr. Meeks (for himself and Mr. Sessions) introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the National Housing Act to restrict the collection of annual mortgage insurance premiums when a 78 percent loan-to value ratio is reached, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Mortgage Insurance Freedom Act''. SEC. 2. RESTRICTION OF COLLECTION OF ANNUAL MORTGAGE INSURANCE PREMIUMS. (a) In General.--Section 203(c)(2) of the National Housing Act (12 U.S.C. 1709(…