,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #eica  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,febru>y #ba1         
#bjbj,mr4 ,clay 7= himself & ,mr4       
,/iv]s7 introduc$ ! foll[+ bill2 :i* 0  
ref]r$ to ! ,committee on ,f9ancial     
,s]vices  ,a ,,bill  ,to require a      
review ( ! effects ( ,,fha mortgage     
insurance policies1 practices1 &        
products on small-doll> mortgage l5d+1 &
 = o!r purposes4  #a4 ,%ort title ,?is  
,act may be cit$ z ! ,improv+ ,,fha     
,support = ,small ,doll> ,mortgages ,act
 ( #bjbj4  #b4 ,review ( ,,fha          
small-doll> mortgage practices  7a7     
,congressional f9d+s ,! ,congress f9ds  
t-- 7#a7 af=dable home[n]%ip            
opportunities are be+ /ymi$ due to !    
lack ( f9anc+ available = home pur*ases 
"u #gj1jjj2  7#b7 accord+ to ! ,urban   
,in/itute1 small-doll> mortgage loan    
applications 9 #bjag 7 d5i$ by l5d]s at 
d\ble ! rate ( d5ial = l>ge mortgage    
loans1 & ^! d5ial rates 7 n relat$ to   
applicants' cr$itwor?9ess2  7#c7 accord+

 to data compil$ by ,attom ,data        
solutions1 small-doll> mortgage         
orig9ations h decreas$ #ch p]c5t s9ce   
#bjji1 :ile !re has be5 a #fe-p]c5t     
increase 9 orig9ation ( mortgages = m   
?an #aej1jjj2  7#d7 al?\gh ! ,,fha's    
mission is to s]ve cr$itwor?y borr[]s :o
 are und]s]v$1 accord+ to ! ,urban      
,in/itute ! ,,fha s]ves #bd p]c5t ( !   
ov]all m>ket1 b only #ai p]c5t ( !      
small-doll> mortgage m>ket2 &  7#e7 !   
,,fha %\ld play a great] role 9 support+
 af=dable home[n]%ip opportunities by   
r$uc+ b>ri]s to small-doll> l5d+1 z is  
consi/5t ) ! ,dep>tm5t ( ,h\s+ & ,urban 
,developm5t's mission1 includ+ meet+ !  
h\s+ ne$s ( borr[]s ! program is design$
 to s]ve & protect+ ! solv5cy ( !       
,mutual ,mortgage ,insurance ,fund4  7b7
 ,review ,! ,secret>y ( ,h\s+ & ,urban  
,developm5t %all conduct a review ( its 
,,fha s+le-family mortgage insurance    
policies1 practices1 & products to      
id5tify any b>ri]s or imp$im5ts to      
support+1 facilitat+1 & mak+ available  

mortgage insurance = mortgages hav+ an  
orig9al pr9cipal obligation ( #gj1jjj or
 less4 ,n lat] ?an ! expiration ( !     
#ab-mon? p]iod beg9n+ on ! date ( !     
enactm5t ( ?is ,act1 ! ,secret>y %all   
submit a report to ! ,congress describ+ 
! f9d+s ( su* review & ! actions t !    
,secret>y w take to remove su* b>ri]s & 
imp$im5ts to provid+ mortgage insurance 
= su* mortgages )\t adv]sely affect+ !  
solv5cy ( ! ,mutual ,mortgage ,insurance
 ,fund4