· OR legislature · 2025R1

Relating to guarantees against losses in mortgage loans extended to first-time home buyers; declaring an emergency.

Directs the [<i>Department of Consumer and Business Services</i>]<b> Housing and Community Services Department</b> to establish a program to guarantee against losses in mortgage loans that lenders extend to first-time home buyers. Specifies which mortgage loans qualify for the guarantee and the qualifications and du…

Sponsor

Hai Pham (D-OR)

Introduced

2025-01-13

Policy area

Housing and Community Development

Latest action

In committee upon adjournment.