H.R. 2816 · 113th Congress

FHA Alternative Credit Pilot Program Reauthorization Act of 2013

Stage
In committee
Sponsor
Al Green
Introduced
2013-07-24
Latest action
2013-07-24 · Introduced in House

Summary

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.