H.Amdt.688 - Amendment sought to repeal the emergency authority that allows the FHA to insure loans up to $720,000 in certain high cost areas. The amendment also sought to create a maximum loan limit of $500,000 for a single family unit and a percentage of the same ratio for 2-, 3- or 4-family residences.
About This Bill
Introduced
Latest Action · June 10, 2010
On agreeing to the Turner amendment (A009) Failed by recorded vote: 121 - 301 (Roll no. 350).