Search Results: keywords:"second mortgages"

  • H. R. 892 — To require the heads of certain agencies to disclose information about loans insured and guaranteed by such agencies, and for other purposes.
    Status:Introduced in House
    Words:1,084

    H.R. 892, known as the "Mortgage Rate Reduction Act," aims to require certain U.S. government agencies to share information about loans they insure or guarantee. The bill suggests that the Federal Housing Administration should insure second mortgages, and the Secretary of Agriculture and...

    Simple Explanation

    H.R. 892 is a plan that wants certain U.S. agencies to share details about the home loans they help with, and asks them to let people take over loans from others more easily, while putting a list of these homes online for everyone to see.

  • H. R. 9379 — To require the heads of certain agencies to disclose information about loans insured and guaranteed by such agencies, and for other purposes.
    Status:Introduced in House
    Words:1,084

    H. R. 9379, introduced by Mr. Ryan, aims to require certain federal agencies to disclose specific information about loans they insure or guarantee. The bill encourages the Federal Housing Administration and the Department of Veterans Affairs to insure second mortgages, making...

    Simple Explanation

    H. R. 9379 is a new idea that wants some government groups to share information about money they help people borrow for houses. It also wants to make a list of properties where they help with loans and show it to everyone, but people worry this might share too much personal information.