CONGRESS FOR VOTERS

RepublicanBill · H.R. 53· House(119-HR-53)

Responsible Borrower Protection Act of 2025

Rep. Biggs
Age: 68 years
Arizona
Introduced
1/3/2025
Last activity
1/3/2025 — Referred to the House Committee on Financial Services.
Sponsored by
Andy Biggs
Cosponsors
Republican - 7Democrat - 0
Finance and Financial Sector
  1. Introduced
  2. In Committee

What this bill would do

This bill is titled the "Responsible Borrower Protection Act of 2025." It aims to cancel certain proposed changes to credit fees charged by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. Specifically, it prevents the implementation of the single-family housing mortgage credit fee pricing framework updates announced on January 19, 2023. These updates were detailed in certain lender letters and bulletins. The Act ensures these specific changes have no force or effect.

Yes· 3 of 4

  • Would middle-income households be better off under this?+5

    Preventing mortgage fee increases provides cost stability for middle-class homebuyers.

  • Does this give people more protection from unfair business practices?+5

    By canceling proposed mortgage credit fee increases, the bill protects consumers from higher financing costs.

  • Does this make housing cost less?+5

    The bill helps maintain housing affordability by preventing increases in mortgage credit fees.

The opposite

No question was scored the opposite.