House Votes - H.R. 1852: Expanding American Homeownership Act

H.Res. 650: Providing for consideration of H.R. 1852

On Ordering the Previous Question
Passed 226-191

On Agreeing to the Resolution
Passed 227-190


H.R. 1852: Expanding American Homeownership Act of 2007
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.

Debate

Amendments (GovTrack, Thomas)

Votes

H.Amdt. 798 by Rep. Hensarling [R-TX]
An amendment numbered 5 printed in House Report 110-330 to strike the allowable use of FHA savings for an affordable housing fund.
Failed 148-280

H.Amdt. 800 by Rep. Biggert [R-IL]
An amendment in the nature of a substitute numbered 7 printed in House Report 110-330 to reform the Federal Housing Administration's (FHA) single-family mortgage insurance activities and would allow FHA to base each borrower's mortgage insurance premiums on the risk that the borrower poses to the FHA Mortgage Insurance Fund, with slight variations. Under this proposal, mortgage insurance premiums will be based on the borrower's credit history, loan-to-value ratio, debt-to-income ratio, and on FHA's historical experience with similar borrowers. This amendment maintains FHA reserves within the insurance fund to preserve the future solvency of the FHA program.
Failed 175-252

On Motion to Recommit with Instructions
(consideration: CR H10478-10480; text: CR H10478)
Failed 209-216

On Passage
Passed 348-72