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Congress > Legislation
H.R. 587:
To increase the loan limits for the FHA single family housing mortgage insurance programs and...
111th Congress

This is a bill in the U.S. Congress originating in the House of Representatives ("H.R."). A bill must be passed by both the House and Senate and then be signed by the President before it becomes law.

Bill numbers restart from 1 every two years. Each two-year cycle is called a session of Congress. This bill was created in the 111th Congress, in 2009-2010.

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2009-2010
Track H.R. 587
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Primary Source

See H.R. 587 on THOMAS for the official source of information on this bill or resolution.

To increase the loan limits for the FHA single family housing mortgage insurance programs and reverse mortgage program and for the conforming loan limits for Fannie Mae and Freddie Mac during 2009.

Overview

Sponsor:
Text:
Summary | Full Text
Status:
Occurred: IntroducedJan 15, 2009
Occurred: Referred to CommitteeView Committee Assignments
Not Yet Occurred: Reported by Committee...
Not Yet Occurred: House Vote...
Not Yet Occurred: Senate Vote...
Not Yet Occurred: Signed by President...
This bill is in the first step in the legislative process. Introduced bills and resolutions first go to committees that deliberate, investigate, and revise them before they go to general debate. The majority of bills and resolutions never make it out of committee. [Last Updated: Nov 13, 2009 1:57PM]
Last Action:
Jan 15, 2009: Referred to the House Committee on Financial Services.
Related:
See the Related Legislation page for other bills related to this one and a list of subject terms that have been applied to this bill. Sometimes the text of one bill or resolution is incorporated into another, and in those cases the original bill or resolution, as it would appear here, would seem to be abandoned.
Question & Answer
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Aug 17, 2009 10:11 PM - Please keep the FHA Loan Limits at the current level - without a break at the end of 2009 into 2010, this will cause many potential home owners that are helping the economy to loose a lot of money in down payments. Will you support this? - Answer it!
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