H.R. 3926 — To repeal a scheduled increase in the fee charged by the Government National Mortgage Association for guarantee of mortgage-backed securities.

Summary

Amends the Higher Education Amendments of 1998 to repeal the provision establishing a Government National Mortgage Association (Ginnie Mae) nine basis point mortgage guarantee fee. (Such fee would otherwise become effective as of October 1, 2004.)

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Legislative Actions

2002-03-12
Introduced in House
2002-03-12
Introduced in House
2002-03-12
Referred to the House Committee on Financial Services.
2002-03-13
Sponsor introductory remarks on measure. (CR E340)
2002-03-18
Referred to the Subcommittee on Housing and Community Opportunity.

To repeal a scheduled increase in the fee charged by the Government National Mortgage Association for guarantee of mortgage-backed securities.

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Summary

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