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Key Votes

H Amdt 684 - Increasing Minimum Down Payment for Federal Housing Administration Mortgages - National Key Vote

Phil Hare voted Nay (Amendment Vote) on this Amendment.

Read statements Phil Hare made in this general time period.

Timeline

Related Legislation

Issues Related to H Amdt 684

Stage Details

Amendment - Amendment Rejected (House) (131-289) - (Key vote)
See How Your Politicians Voted

Title: Increasing Minimum Down Payment for Federal Housing Administration Mortgages

Vote Result
Yea Votes
Nay Votes
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) -

Title: Increasing Minimum Down Payment for Federal Housing Administration Mortgages

Sponsors

  • Scott Garrett (NJ - R) (Out Of Office)
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