H.R.3926: To repeal a scheduled increase in the fee charged by the Government National Mortgage Association for guarantee of mortgage-backed securities.

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about law
  • Introduced March 12, 2002
  • Latest Major Action March 18, 2002

Bill Cosponsors

2 (All Democrats)

Bill Summary

Amends the Higher Education Amendments of 1998 to repeal the provision establishing a Government National Mortgage Association (Ginnie Mae) nine basis point mortgage guarantee fee. (Such fee would otherwise become effective as of October 1, 2004.)

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Sponsor introductory remarks on measure.
Referred to the Subcommittee on Housing and Community Opportunity.
March 12, 2002

Introduced in the House by John J. LaFalce (D-N.Y.)

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