H.R. 3041 · 118th Congress · House

Secure Americans from Financial Exploitation (SAFE) Act

Active· Referred to the House Committee on Financial Services.
Introduced
May 2, 23
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Secure Americans from Financial Exploitation (SAFE) Act

This bill prohibits the Federal Housing Finance Agency, the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) from implementing their January 2023-announced changes to the single-family pricing framework for fees on purchase, rate-term refinance, and cash-out refinance loans. The changes revise the fee charts that provide percentage adjustments based on a borrower's credit score and other factors.

Action Timeline

3
  1. MAY 02, 2023IntroReferral

    Introduced in House

  2. MAY 02, 2023IntroReferral

    Introduced in House

  3. MAY 02, 2023IntroReferral

    Referred to the House Committee on Financial Services.

Committees

1

Financial Services Committee

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Referred: May 2, 2023

Active