Key Votes
H Amdt 684 - Increasing Minimum Down Payment for Federal Housing Administration Mortgages - Key Vote
National Key Votes
Stages
Family
- H Amdt 684 - Increasing Minimum Down Payment for Federal Housing Administration Mortgages
- H Amdt 688 - Limiting Principal Obligation Amounts of Federal Housing Administration Mortgages
- H Amdt 686 - Limiting Federal Housing Administration Mortgage Issuance
Issues
Stage Details
Amendment - Amendment Rejected (House) (131-289) - June 10, 2010 (Key vote)
Title: Increasing Minimum Down Payment for Federal Housing Administration Mortgages
Vote Smart's Synopsis:
Vote to adopt an amendment to HR 5072 that increases the minimum down payment for Federal Housing Administration insured mortgages from 3.5 to 5 percent of the appraised value of the property.
Highlights:
-Authorizes the Secretary of Housing and Urban Development to prohibit specific initial service charges, appraisals, inspections, or other fees or closing costs from being included in the principal obligation of Federal Housing Administration insured mortgages (Sec. 3).
Amendment - Introduced (House) - June 10, 2010
Title: Increasing Minimum Down Payment for Federal Housing Administration Mortgages
