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H.R. 53

Responsible Borrower Protection Act of 2025

In Plain Language

This bill blocks the government from putting new upfront fees on home loans that were announced in January 2023. Those fees would have increased costs for borrowers based on their credit score and other risk factors. The bill prevents these fee changes from taking effect.

Official Congressional Research Service summary

Responsible Borrower Protection Act of 2025This bill prohibits the Federal Housing Finance Agency, the Federal National Mortgage Association (Fannie Mae), and the Federal Home Loan Mortgage Corporation (Freddie Mac) from implementing changes to the single-family home loan pricing framework for upfront fees on certain home loans, announced in January 2023. The changes revise the fee charts that provide percentage adjustments based on a borrower's credit score and other risk factors. Overall, these changes increase the percentage adjustments, with variations based on the particular risk profile of the loan.

Sponsor

Rep. Biggs, Andy [R-AZ-5]

Cosponsors

Rep. Ogles, Andrew [R-TN-5]
Rep. Burlison, Eric [R-MO-7]
Rep. Weber, Randy K. Sr. [R-TX-14]
Rep. Cline, Ben [R-VA-6]
Rep. Bost, Mike [R-IL-12]
et al.

Latest action

Referred to the House Committee on Financial Services.

Jan 3, 2025

Official source

View on Congress.gov ↗

Action history

Jan 3, 2025 Referred to the House Committee on Financial Services.

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