H.R.2816: FHA Alternative Credit Pilot Program Reauthorization Act of 2013

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Bill 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.

(Source: Library of Congress)

Bill Actions

Date Description
July 24, 2013
Referred to the House Committee on Financial Services.
July 24, 2013

Introduced in the House by Al Green (D-Texas)

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