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- H.R.123
H.R.123: Alternative Data for Additional Credit FHA Pilot Program Reauthorization Act
About This Bill
- Introduced Jan. 3, 2019
- Latest Major Action Dec. 17, 2020
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Versions
- Reported in House - Dec. 17, 2020
- Introduced in House - Jan. 3, 2019
Bill Summary
FHA Alternative Credit Pilot Program Reauthorization Act This bill reauthorizes a pilot program for an alternative credit rating system for use by mortgage lenders. Specifically, the program provides credit information about borrowers who have insufficient credit histories for purposes of determining their creditworthiness for mortgages insured by the Federal Housing Administration.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Congressional Budget Office Estimate
Bill Actions
| Date | Description |
|---|---|
| Dec. 17, 2020 |
Placed on the Union Calendar, Calendar No. 547.
|
| Dec. 17, 2020 |
Reported (Amended) by the Committee on Financial Services. H. Rept. 116-663.
|
| Sept. 20, 2019 |
Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 22.
|
| Sept. 20, 2019 |
Committee Consideration and Mark-up Session Held.
|
| Sept. 19, 2019 |
Committee Consideration and Mark-up Session Held.
|
| Sept. 18, 2019 |
Committee Consideration and Mark-up Session Held.
|
| Jan. 3, 2019 |
Referred to the House Committee on Financial Services.
|
| Jan. 3, 2019 |
Introduced in the House by Al Green (D-Texas) |