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- H.R.587
H.R.587: To increase the loan limits for the FHA single family housing mortgage insurance programs and reverse mortgage program and for the conforming loan limits for Fannie Mae and Freddie Mac during 2009.
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about housing and community development
- Introduced Jan. 15, 2009
- Latest Major Action Jan. 15, 2009
Bill Sponsor
Bill Summary
Increases the loan limits during calendar 2009 for: (1) the Federal Housing Administration (FHA) single family housing mortgage insurance programs and the reverse mortgage program; and (2) the conforming loan limits for Fannie Mae and Freddie Mac during 2009. Declares that, if the dollar amount limitation on the principal obligation of a mortgage for which the mortgagee issues credit approval during 2009 for any size residence for any area is...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
| Jan. 15, 2009 |
Introduced in the House by Gary G. Miller (R-Calif.) |