H.R. 1852 - The Expanding American Homeownership Act of 2007
- Sponsor:
- Maxine Waters
- Summary:
- This bill modernizes the rules of the Federal Housing Administration such that it provides risk-based pricing for low-to-moderate income families and other benefits to increase the number of loans taken from the Federal Housing Administration. (by CRS)
- Status:
- The bill was voted on in the House on September 18, 2007
- Amendments:
- 7 proposed amendments. 5 accepted. 2 rejected. View amendments
PASSED on September 18, 2007.
1/2 required to pass
voted YES: 348
voted NO: 72
12 voted present/not voting
The Expanding American Homeownership Act of 2007
H.R. 1852 — 110th Congress (2007–2008)
- Summary
- This bill modernizes the rules of the Federal Housing Administration such that it provides risk-based pricing for low-to-moderate income families and other benefits to increase the number of loans taken from the Federal Housing Administration. (by CRS)
- Learn More
- At OpenCongress
- Title
- To modernize and update the National Housing Act and enable the Federal Housing Administration to use risk-based pricing to more effectively reach underserved borrowers, and for other purposes.
- Other Titles
- Expanding American Homeownership Act of 2007
- Expanding American Homeownership Act of 2007
- Expanding American Homeownership Act of 2007
- Sponsor
- Maxine Waters
- Co-Sponsors
- Subjects
- Housing
- Administrative procedure
- Affordable housing
- Aged
- Apartment houses
- Budgets
- Children
- Condominium (Housing)
- Congress
- Congressional investigations
- Congressional reporting requirements
- Consumer credit
- Consumer education
- Consumers
- Cooperative housing
- Correspondent banks
- Counseling
- Day care
- Debtor and creditor
- Department of Housing and Urban Development
- Disaster relief
- Electronic data interchange
- Emergency management
- Executive departments
- Federal aid to housing
- Federal-local relations
- Federal-state relations
- Federally-guaranteed loans
- Finance
- Fines (Penalties)
- Foreclosure
- Government information
- Government paperwork
- Government trust funds
- Governmental investigations
- Hawaiians
- Home equity conversion
- Home ownership
- Housing finance
- Housing for the aged
- Identification devices
- Indian housing
- Indians
- Information technology
- Insurance premiums
- Law
- Loan defaults
- Low-income housing
- Minorities
- Mobile homes
- Mortgage banks
- Mortgage guaranty insurance
- Mortgages
- Prefabricated buildings
- Real estate appraisal
- Rental housing
- Residential rehabilitation
- Risk
- Settlement costs
- Single family housing
- Social services
- Standards
- State and local government
- Surety and fidelity
- Technology
- Telecommunication
- Welfare
- Related Bills
- H.Res. 650 (110th) : Providing for Consideration of the Bill (H.R. 1852) to Modernize and Update the National Housing Act and Enable the Federal Housing Administration to Use Risk-Based Pricing to More Effectively Reach Underserved Borrowers, and for Other Purposes.
- S. 2325 (110th) : Expanding American Homeownership Act of 2007
- S. 2338 (110th) : FHA Modernization Act of 2007
- Major Actions
Introduced 3/29/2007 Referred to Committee Amendments (7 proposed) Passed House 9/18/2007 - Bill History
-
Chamber/Committee Motion Date Result select this vote House On agreeing to the Cardoza amendment (A001) Agreed to by voice vote. 9/18/2007 PASSED by voice vote select this vote House On agreeing to the Tierney amendment (A002) Agreed to by voice vote. 9/18/2007 PASSED by voice vote select this vote House On agreeing to the Miller, Gary amendment (A003) Agreed to by voice vote. 9/18/2007 PASSED by voice vote select this vote House On agreeing to the Bishop (NY) amendment (A004) Agreed to by voice vote. 9/18/2007 PASSED by voice vote select this vote House On agreeing to the Tiberi amendment Agreed to by voice vote. 9/18/2007 PASSED by voice vote select this vote House Amendment 5 to H.R. 1852 9/18/2007 This amendment DID NOT PASS the House 148 voted YES 280 voted NO 9 voted present/not votingselect this vote House Amendment 7 to H.R. 1852 9/18/2007 This amendment DID NOT PASS the House 175 voted YES 252 voted NO 10 voted present/not votingselect this vote House On Motion to Recommit with Instructions: H.R. 1852 Expanding American Homeownership Act of 2007 9/18/2007 This motion DID NOT PASS the House 209 voted YES 216 voted NO 8 voted present/not votingcurrently selected House On Passage - House - H.R. 1852 Expanding American Homeownership Act of 2007 9/18/2007 This bill PASSED the House 348 voted YES 72 voted NO 12 voted present/not votingAction Date Description Introduced 3/29/2007 3/29/2007 Referred to the House Committee on Financial Services. 4/18/2007 Referred to the Subcommittee on Financial Institutions and Consumer Credit. 4/19/2007 Subcommittee Hearings Held. 4/24/2007 Sponsor introductory remarks on measure. (CR H4032) 5/02/2007 Committee Consideration and Mark-up Session Held. Put on a legislative calendar 5/03/2007 Ordered to be Reported (Amended) by the Yeas and Nays: 45 - 19. 6/28/2007 Reported (Amended) by the Committee on Financial Services. H. Rept. 110-217. Put on a legislative calendar 6/28/2007 Placed on the Union Calendar, Calendar No. 133. 9/17/2007 PERMISSION TO FILE SUPPLEMENTAL REPORT - Mr. Al Green (TX) asked unanimous consent that the Committee on Financial Services may have permission to file a supplemental report on H.R. 1852. Agreed to without objection. 9/17/2007 Supplemental report filed by the Committee on Financial Services, H. Rept. 110-217, Part II. 9/17/2007 Rules Committee Resolution H. Res. 650 Reported to House. Rule provides for consideration of H.R. 1852 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. A specified amendment is in order. 9/18/2007 Rule H. Res. 650 passed House. 9/18/2007 Considered under the provisions of rule H. Res. 650. 9/18/2007 Rule provides for consideration of H.R. 1852 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. A specified amendment is in order. 9/18/2007 ORDER OF PROCEDURE - Mr. Frank (MA) asked unanimous consent that, during further consideration of H.R. 1852 in the Committee of the Whole, pursuant to H. Res. 650, amendment No. 2 may be offered out of order and by a cosponsor. Agreed to without objection. 9/18/2007 House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 650 and Rule XVIII. 9/18/2007 The Speaker designated the Honorable Stephanie Tubbs Jones to act as Chairwoman of the Committee. 9/18/2007 GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 1852. select this vote Vote 9/18/2007 On agreeing to the Cardoza amendment (A001) Agreed to by voice vote. 9/18/2007 Amendment (A002) offered by Mr. Tierney. 9/18/2007 DEBATE - Pursuant to the provisions of H. Res. 650, the Committee of the Whole proceeded with 10 minutes of debate on the Tierney amendment. select this vote Vote 9/18/2007 On agreeing to the Tierney amendment (A002) Agreed to by voice vote. 9/18/2007 Amendment (A003) offered by Mr. Miller, Gary. 9/18/2007 DEBATE - Pursuant to the provisions of H. Res. 650, the Committee of the Whole proceeded with 10 minutes of debate on the Gary Miller of California amendment. select this vote Vote 9/18/2007 On agreeing to the Miller, Gary amendment (A003) Agreed to by voice vote. 9/18/2007 Amendment (A004) offered by Mr. Bishop (NY). 9/18/2007 DEBATE - Pursuant to the provisions of H. Res. 650, the Committee of the Whole proceeded with 10 minutes of debate on the Bishop (NY) amendment. select this vote Vote 9/18/2007 On agreeing to the Bishop (NY) amendment (A004) Agreed to by voice vote. 9/18/2007 DEBATE - Pursuant to the provisions of H. Res. 650, the Committee of the Whole proceeded with 10 minutes of debate on the Hensarling amendment. 9/18/2007 Amendment (A005) offered by Mr. Hensarling. 9/18/2007 POSTPONED PROCEEDINGS - At the conclusion of debate on the Hensarling amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Mr. Hensarling demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day. 9/18/2007 Amendment (A006) offered by Mr. Tiberi. 9/18/2007 DEBATE - Pursuant to the provisions of H. Res. 650, the Committee of the Whole proceeded with 10 minutes of debate on the Tiberi amendment. select this vote Vote 9/18/2007 On agreeing to the Tiberi amendment Agreed to by voice vote. 9/18/2007 Amendment (A007) in the nature of a substitute offered by Mrs. Biggert. 9/18/2007 DEBATE - Pursuant to the provisions of H. Res. 650, the Committee of the Whole proceeded with 20 minutes of debate on the Biggert amendment in the nature of a substitute. 9/18/2007 POSTPONED PROCEEDINGS - At the conclusion of debate on the Biggert amendment, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Ms. Biggert demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until later in the legislative day. 9/18/2007 UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of amendments which were debated earlier and on which further proceedings were postponed. 9/18/2007 The House rose from the Committee of the Whole House on the state of the Union to report H.R. 1852. 9/18/2007 The previous question was ordered pursuant to the rule. 9/18/2007 The House adopted the amendments en gross as agreed to by the Committee of the Whole House on the state of the Union. 9/18/2007 Mr. Price (GA) moved to recommit with instructions to Financial Services. 9/18/2007 DEBATE - The House proceeded with 10 minutes of debate on the Price(GA) motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to clarify the identification individuals need to obtain affordable housing funds. 9/18/2007 The previous question on the motion to recommit with instructions was ordered without objection. 9/18/2007 The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 1852. select this vote Vote 9/18/2007 Amendment 5 to H.R. 1852 select this vote Vote 9/18/2007 Amendment 7 to H.R. 1852 select this vote Vote 9/18/2007 On Motion to Recommit with Instructions: H.R. 1852 Expanding American Homeownership Act of 2007 currently selected House Vote on Passage 9/18/2007 On Passage - House - H.R. 1852 Expanding American Homeownership Act of 2007 9/19/2007 DEBATE - Pursuant to the provisions of H. Res. 650, the Committee of the Whole proceeded with 10 minutes of debate on the Cardoza amendment. 9/19/2007 Amendment (A001) offered by Mr. Cardoza. 9/19/2007 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Number Sponsor Date Offered Status select this vote H. Amdt. 794 Cardoza, Dennis [D-CA18] September 18, 2007 Passed by voice vote on September 18, 2007. Amendment raises the FHA single family loan limit, by establishing such limit in each area as the lower of (a) 125% of the local median area home price or (b) 175% of the national GSE conforming loan limit; retains the FHA loan floor provision in the reported bill of 65% of the GSE conforming loan limit; and also gives HUD authority to raise these resulting loan limit amounts by up to $100,000 by area and/or by unit size "if market conditions warrant.".
select this vote H. Amdt. 795 Tierney, John [D-MA6] September 18, 2007 Passed by voice vote on September 18, 2007. Amendment directs the Secretary of the Department of Housing and Urban Development to provide mortgage insurance premium refunds to eligible borrowers of FHA insured loans, which were closed prior to December 8, 2004, but which were not endorsed until December 8, 2004 or after that date, and authorizes such sums as may be necessary for such refunds.
select this vote H. Amdt. 796 Miller, Gary [R-CA42] September 18, 2007 Passed by voice vote on September 18, 2007. Amendment allows qualified down payment assistance providers to participate in the FHA program if certain conditions are satisfied to ensure that the down payment assistance program is legitimate and that the gift that is provided to the homeowner and the home buyer is truly a gift.
select this vote H. Amdt. 797 Bishop, Timothy [D-NY1] September 18, 2007 Passed by voice vote on September 18, 2007. Amendment clarifies requirements on reverse mortgages for seniors who own permanent foundation homes on leased land.
select this vote H. Amdt. 798 Hensarling, Jeb [R-TX5] September 18, 2007 Failed by roll call vote on September 18, 2007. Amendment sought to remove the funding mechanism in the bill for the Affordable Housing Fund.
select this vote H. Amdt. 799 Tiberi, Patrick [R-OH12] September 18, 2007 Passed by voice vote on September 18, 2007. Amendment requires the Secretary of Housing and Urban Development to ensure high-risk borrowers and borrowers who are applying for zero down-payment loans to receive housing counsel.
select this vote H. Amdt. 800 Biggert, Judy [R-IL13] September 18, 2007 Failed by roll call vote on September 18, 2007. Amendment in the nature of a substitute sought to replace the language in the bill with the text of H.R. 5121, the Expanding American Homeownership Act of 2006, which passed the House on July 25, 2006.
Average contributions given to House members from interest groups that…
supported this bill
| Real estate agents [About] |
| Mortgage bankers and brokers [About] |
| Minority/Ethnic Groups [About] |
| Builders associations [About] |
Contributions data source: OpenSecrets.org
