118th Congress Finance and Financial Sector
H.R. 2960: Fairness in Borrowing Act of 2023
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill prohibits the Federal Housing Finance Agency, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) from implementing their January 2023-announced changes to the single-family pricing framework for fees on purchase, rate-term refinance, and cash-out refinance loans. The changes revise the fee charts that provide percentage adjustments based on a borrower's credit score and other factors.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Kelly Armstrong R-ND
- Stephanie Bice R-OK
- Barry Loudermilk R-GA
- Nancy Mace R-SC
- W. Steube R-FL
- Charles (Chuck) Edwards R-NC
Who scored on this bill
No member has earned points from it yet.
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by Michael Lawler
- H.R. 9086: Foreign Service Modernization Act
- H.R. 1008: Sheriff Adrian Butch Anderson Post Office Building (Holmes, NY)
- H.R. 1009: Paul Piperato Post Office Building (Haverstraw, NY)
- H.R. 9436: Northeast Lobsterman Protection Act of 2026
- H.R. 8141: Fair Credit Reporting Reseller Accuracy Act
- H.R. 6453: ADA 30 Days to Comply Act
History
- Introduced in the House by Michael Lawler.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Financial Services.