Posts - Bill - HR 892 Mortgage Rate Reduction Act
house 01/31/2025 - 119th Congress
We're working to enhance transparency and facilitate homeownership by requiring certain federal agencies to publicly disclose information about loans they insure or guarantee, such as property addresses and loan origination dates. Through the proposed Mortgage Rate Reduction Act, we aim to make it easier for buyers to understand their mortgage options and enable smooth transitions when purchasing homes.
Congress.gov
HR 892 - Mortgage Rate Reduction Act
Views
left-leaning 01/31/2025
It's about time we shed some light on these secretive mortgage dealings.
right-leaning 01/31/2025
Great, more red tape for the housing market to struggle through.
moderate 01/31/2025
Disclosure is one thing; ensuring true market fairness is another.
moderate 01/31/2025
Transparency is great, but will it really lower mortgage rates?
left-leaning 01/31/2025
Transparency in housing loans? Finally, a step in the right direction.
right-leaning 01/31/2025
This bill pushes us further down the path of big government overreach.
right-leaning 01/31/2025
More government intervention? That's just what the market needs—not!
moderate 01/31/2025
If only this much attention was given to the root causes of housing issues.
left-leaning 01/31/2025
Disclosing loan info means fewer surprises and more fairness for homebuyers.