H.R. 123 · 115th Congress
FHA Alternative Credit Pilot Program Reauthorization Act of 2017
- Stage
- In committee
- Sponsor
- Al Green
- Introduced
- 2017-01-03
- Latest action
- 2017-01-03 · Introduced in House
Summary
FHA Alternative Credit Pilot Program Reauthorization Act of 2017
This bill amends the National Housing Act to reauthorize a pilot program that establishes for mortgagees an automated process for providing alternative credit rating information on mortgagors and prospective mortgagors under mortgages on one- to four-family residences who have insufficient credit histories for determining their creditworthiness.