HR 123 · 116th Congress 2019–2021, ended

Alternative Data for Additional Credit FHA Pilot Program Reauthorization Act

Introduced Jan 3, 2019 Originated House Sponsor Al Green D-TX

Fact sheet

Latest action · Dec 17, 2020 Placed on the Union Calendar, Calendar No. 547.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedJan 3, 2019
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Alternative Data for Additional Credit FHA Pilot Program Reauthorization Act

This bill establishes a pilot program for an additional credit rating system for use by mortgage lenders. Specifically, the program utilizes one or more commercially available credit scoring models that apply additional credit information about borrowers who have insufficient credit histories for purposes of determining their creditworthiness for mortgages insured by the Federal Housing Administration.

Cosponsors 2

Members who signed on, in the order they did. Signatures ran from Jun 12, 2019 to Sep 18, 2019.

SeatCosponsorSigned on
D-CABrad ShermanJun 12, 2019
D-MOEmanuel CleaverSep 18, 2019

Actions 8

Everything that happened, newest first.

  1. Dec 17, 2020Placed on the Union Calendar, Calendar No. 547.
  2. Dec 17, 2020Reported (Amended) by the Committee on Financial Services. H. Rept. 116-663.
  3. Sep 20, 2019Committee Consideration and Mark-up Session Held.
  4. Sep 20, 2019Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 22.
  5. Sep 19, 2019Committee Consideration and Mark-up Session Held.
Show all 8 actions

Subjects

Assigned by the Library of Congress. Policy area: Housing and Community Development.

Text 2

Each version as it was printed, newest first.

  1. Dec 17, 2020Reported in House
  2. Jan 3, 2019Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.