H.R.123: FHA Alternative Credit Pilot Program Reauthorization Act of 2015

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Bill Summary

FHA Alternative Credit Pilot Program Reauthorization Act of 2015 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)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.123.

Bill Actions

Date Description
Jan. 6, 2015
Referred to the House Committee on Financial Services.
Jan. 6, 2015

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

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