legislation: 108-hr-3507

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
108-hr-3507 108 hr 3507 Improving Homeownership Opportunities in High-Cost States Act Housing and Community Development 2003-11-18 2004-01-02 Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. House Rep. Sherman, Brad [D-CA-27] CA D S000344 42 Improving Homeownership Opportunities in High-Cost States Act - Amends the Federal National Mortgage Association Charter Act (Fannie Mae) and the Federal Home Loan Mortgage Corporation Act (Freddie Mac) to include among the exceptions to the prohibition that an outstanding mortgage cannot exceed 80 percent of the securing property's value for a residential mortgage those properties located in a State containing any high-cost metropolitan statistical area (or portion thereof). Bases such high-cost determination on specified quarterly average one-family home prices. 2023-01-15T08:33:25Z  

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