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H.R. 123: FHA Alternative Credit Pilot Program Reauthorization Act of 2015

Title: FHA Alternative Credit Pilot Program Reauthorization Act of 2015

Introduced: Jan 6, 2015 (114th Congress)

Sponsor: (No First Name Found) (No Last Name Found) [-]

Status: Referred to Committee - Referred to the House Committee on Financial Services.

Summary: FHA Alternative Credit Pilot Program Reauthorization Act of 2015 Amends the National Housing Act to extend from five to 10 years the pilot program to establish for mortgagees an automated process for providing alternative credit rating information on mortgagors and prospective mortgagors under mortgages on 1- to 4-family residences who have insufficient credit histories for determining their creditworthiness.

Votes

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