,i  #aag? ,,congress  #a/ ,session  ,h4 
,r4 #chfa  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,june #ad1 #bjba,mr4  
,meeks 7= himself & ,ms4 ,williams (    
,georgia7 introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,f9ancial    
,s]vices  ,a ,,bill  ,to am5d !         
,national ,h\s+ ,act to revise !        
treatm5t ( /ud5t loan debt 9 ! und]writ+
 ( ,,fha loans1 & = o!r purposes4  #a4  
,%ort title ,?is ,act may be cit$ z !   
,mak+ ,,fha ,"w = ,borr[]s ) ,/ud5t     
,debt ,act ( #bjba4  #b4 ,treatm5t (    
/ud5t loan debt be+ repaid ,section #bjc
 ( ! ,national ,h\s+ ,act 7#ab ,u4,s4,c4
 #agji7 is am5d$ by ins]t+ aft]         
subsection 7r7 ! foll[+ new subsection3 
7s7 ,treatm5t ( /ud5t loan debt be+     
repaid  7#a7 ,9 g5]al ,9 det]m9+        
eligibility ( s+le-family mortgages1 &  
mortgagors "u su* mortgages1 = insurance
 "u ?is title1 = purposes ( any         
calculation ( ! am\nt ( liabilities ( a 
mortgagor1 or comp>ison ( ! am\nt ( su* 
liabilities to ! income ( ! mortgagor1 !

 ,secret>y %all consid] a cov]$         
educational liability to be-- 7,a7      
except z provid$ 9 subp>agraph 7,b71 9 !
 same mon?ly am\nt z ! am\nt t !        
mortgagor is actually requir$ to pay on 
a mon?ly basis 9 connection ) su*       
liability2 or  7,b7 9 ! case ( a        
mortgagor ^: requir$ mon?ly paym5t "u   
su* liability is #j1 ! am\nt equal to   
#j4e p]c5t ( ! out/&+ balance ( ! loan 9
 connection ) su* liability4  7#b7      
,cov]$ educational liability ,= purposes
 ( ?is subsection1 ! t]m cov]$          
educational liability means a           
liability-- 7,a7 t is a /ud5t loan      
incurr$ = educational purposes2  7,b7 t 
is requir$ to be repaid ?r\gh paym5ts   
made on a regul> basis2 &  7,c7 = :i*   
docum5tation has be5 provid$ t is       
suffici5t1 9 ! det]m9ation ( !          
,secret>y1 to demon/rate t ! liability  
complies ) ! requirem5ts "u subp>agraphs
 7,a7 & 7,b74  4