Mortgage Insurance Freedom Act
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsors
- 5
- Latest action
- Sep 19, 2025
What it does
The Mortgage Insurance Freedom Act would amend the National Housing Act to prohibit the collection of annual mortgage insurance premiums on FHA-insured mortgages once the remaining insured principal balance reaches 78 percent or less of the lower of the home’s original sales price or appraised value at origination. This restriction applies only to mortgages endorsed for insurance after the bill’s enactment and includes an exception allowing premium collection to resume if the Mutual Mortgage Insurance Fund’s capital ratio falls below 2 percent. The bill also requires the Secretary of Housing and Urban Development to issue implementing rules within 180 days and conduct outreach to inform…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money.