Mon August 5th, 2019
Sponsor: Rep. Joyce Beatty — D — OH
Modifies the discount given by the Federal Housing Administration (FHA) on single-family mortgage-insurance premium payments for first-time homebuyers who complete a financial-management counseling program. Under current law, the maximum premium amount for such homebuyers is 2.75% of the original insured principal obligation of the mortgage (compared to 3% for other homebuyers). The bill instead requires that the premium amount for such homebu...
Don't be sad- we've got your back. Just enter your email below and instructions on resetting your password will be sent to you.×