I 118TH CONGRESS 1ST SESSION H. R. 2876 To cancel certain proposed changes to loan level price adjustments by the Federal National Mortgage Association and credit fees charged by the Federal Home Loan Mortgage Corporation. IN THE HOUSE OF REPRESENTATIVES APRIL 26, 2023 Mrs. BICE (for herself, Mr. MEUSER, Mr. DONALDS, Mr. MILLS, Mr. EDWARDS, Mr. ALFORD, Mr. FALLON, Mr. DUNCAN, Mr. KELLY of Mis- sissippi, Mr. NORMAN, and Ms. GREENE of Georgia) introduced the fol- lowing bill; which was referred to the Committee on Financial Services A BILL To cancel certain proposed changes to loan level price adjust- ments by the Federal National Mortgage Association and credit fees charged by the Federal Home Loan Mortgage Corporation. Be it enacted by the Senate and House of Representa- 1 tives of the United States of America in Congress assembled, 2 SECTION 1. CANCELLATION OF CHANGES. 3 The Federal Housing Finance Agency and the enter- 4 prises, as defined in section 1303 of the Federal Housing 5 Enterprises Financial Safety and Soundness Act of 1992 6 (12 U.S.C. 4502), may not implement the changes to the 7 VerDate Sep 11 2014 04:42 May 04, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H2876.IH H2876 pbinns on DSKJLVW7X2PROD with $$_JOB 2 •HR 2876 IH single-family pricing framework announced by the Federal 1 Housing Finance Agency on January 19, 2023, in an an- 2 nouncement entitled ‘‘FHFA Announces Updates to the 3 Enterprises’ Single-Family Pricing Framework’’, and set 4 forth in Federal National Mortgage Association Lender 5 Letter LL–2023–01 and Federal Home Loan Mortgage 6 Corporation Bulletin 2023–1, and the changes, Lender 7 Letter, and Bulletin shall have no force or effect. 8 Æ VerDate Sep 11 2014 04:42 May 04, 2023 Jkt 039200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\H2876.IH H2876 pbinns on DSKJLVW7X2PROD with $$_JOB