Library / Laws / 113th / hr / H.R. 2816 / Introduced in House
I
113th CONGRESS
1st Session
H. R. 2816
IN THE HOUSE OF REPRESENTATIVES
July 24, 2013
Mr. Al Green of Texas
(for himself, Ms. Chu,
Mr. Hinojosa,
Mr. Danny K. Davis of Illinois,
Mr. Carson of Indiana,
Mr. Cleaver,
Mr. Perlmutter, and
Ms. Moore) introduced the following
bill; which was referred to the Committee
on Financial Services
A BILL
To extend the pilot program under section 258 of the
National Housing Act that establishes an automated process for providing
alternative credit rating information for mortgagors and prospective mortgagors
under certain mortgages.
1.
Short title
This Act may be cited as the
FHA Alternative Credit Pilot Program
Reauthorization Act of 2013.
2.
Extension of pilot
program
Section 258(d) of the
National Housing Act (12 U.S.C. 1715z–24(d)) is amended by striking
5-year and inserting 10-year.