H.R.5121 - Expanding American Homeownership Act of 2006 Sponsor: Robert Ney / 109th Congress

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Title
109th Congress - To modernize and update the National Housing Act and enable the Federal Housing Administration to use risk-based pricing to more effectively reach underserved borrowers, and for other purposes. hidemore...
Summary
This bill amends existing law to allow the Federal Housing Administration to use risk based insurance premium pricing and increase and simplify loan limits with the intention of reaching underserved borrowers. (by MAPLight.org)
Status
The bill was voted on in the House on July 25, 2006

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