Responsible Borrower Protection Act of 2025
In committeeResponsible Borrower Protection Act of 2025 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 changes to the single-family home loan pricing framework for upfront fees on certain home loans, announced in January 2023. The changes revise the fee charts that provide percentage adjustments based on a borrower's credit score and other risk factors. Overall, these changes increase the percentage adjustments, with variations based on the particular risk profile of the loan.
Jan 3, 2025Referred to the House Committee on Financial Services.
No grade provided. The Quiet Ledger grades only on a bill's full statutory text, which Congress.gov hasn't published for this bill yet. PIN re-checks automatically and grades it the moment the text appears.