Mortgage News

Rep. Juan Vargas Introduces the Homeownership for Dreamers Act

On June 12, the House Financial Services Committee voted to advance the Homeownership for Dreamers Act (H.R. 3154), introduced by Representative Juan Vargas (D-CA). The bill prohibits FHA, Fannie Mae, Freddie Mac, and the U.S. Department of Agriculture from refusing to insure and/or guarantee a home loan solely on the basis of the borrower.

POLITIME Provides Americans with a Social Network where they can virtually participate in Congress. POLITIME allows its users to read the bills on the floor in Congress that will be or have been voted on. Users virtually participate in Congress by voting.

H.R. 3154, The Homeownership for DREAMers Act, legislation to clarify that Deferred Action for Childhood Arrivals (DACA) recipients cannot be denied mortgage loans backed by FHA, Fannie Mae, Freddie Mac or the U.S. Department of Agriculture (USDA) solely on the basis of their DACA status. This bill was introduced by Rep. Juan Vargas (D-CA).

Rep. Juan Vargas Introduces the Homeownership for Dreamers Act In July 2017, Gonzalez introduced the Repatriate Our Patriots Act, which aims to "prohibit the removal from the United States of certain veterans, to expedite their naturalization, and for other.

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WASHINGTON D.C. (June 12, 2019) – Today, Rep. Vargas’ Homeownership for Dreamers Act (H.R. 3154) passed out of the Committee on Financial Services. The bill aims to clarify that Deferred Action for Childhood Arrivals (DACA) beneficiaries are eligible for Federal Housing Administration home loans, including those backed by Fannie Mae or Freddie Mac, and U.S. Department of Agriculture.

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Some Democrats had said they were boycotting the event before the weekend, but more Democratic members of the House said they wouldn’t attend after Trump in a series of tweets attacked Rep. John Lewis.

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Rep. Peters was joined by 71 other members in his letter. It has been 553 days since the Paycheck Fairness Act was introduced in the House of Representatives. Failure to act on this commonsense.