HR 123 · 118th Congress
Alternative Data for Additional Credit FHA Pilot Program Reauthorization Act
This bill creates a test program that lets the Federal Housing Administration (FHA) use new types of credit information to help people get mortgages. Right now, the FHA relies mainly on traditional credit scores, which can be a problem for people who don't have much credit history—like young adults, immigrants, or a…
- Sponsor
- Green, Al (D-TX)
- Introduced
- 2023-01-09
- Policy area
- Finance and Financial Sector
- Latest action
- Referred to the House Committee on Financial Services.
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