Introduced in House
To cancel certain proposed changes to loan level price adjustments by the Federal National Mortgage Association and credit fees charged by the Federal Home Loan Mortgage Corporation.
SEC. 1. CANCELLATION OF CHANGESTrack this section →
The Federal Housing Finance Agency and the enterprises, as defined in section 1303 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C. 4502), may not implement the changes to the single-family pricing framework announced by the Federal Housing Finance Agency on January 19, 2023, in an announcement entitled FHFA Announces Updates to the Enterprises’ Single-Family Pricing Framework, and set forth in Federal National Mortgage Association Lender Letter LL–2023–01 and Federal Home Loan Mortgage Corporation Bulletin 2023–1, and the changes, Lender Letter, and Bulletin shall have no force or effect.