The record

LegislationLegislation· Jul 2023
HR 3564

Sponsored by Warren Davidson (R)

Middle Class Borrower Protection Act of 2023

Would have undone 2023 mortgage fee changes for Fannie Mae and Freddie Mac loans and banned debt-based fees.

Tradeoff

Would have reset Fannie Mae and Freddie Mac loan fees to pre-May 2023 levels. Would have blocked new fee changes until a federal watchdog report came out.

What's in it

See official bill text
Estimated Budgetary Effects of H.R. 3564, the Middle Class Borrower Protection Act of 2023www.cbo.gov/publication/59292 · Jun 2023

The House passed the bill 230-189 on June 23, 2023, and the Senate never voted before the Congress ended.

  1. House

    Introduced

    (May 22, 2023)

  2. House

    Committee on Financial Services(May 22, 2023)

  3. House

    The Committee on Financial Services voted to send it to the floor

    Reported 26 - 22(May 24, 2023)

    Committee report H. Rept. 118-103.

  4. House

    On

    Failed(Roll #288 · Jun 23, 2023)

    197 yeanay 214

  5. House

    Passage of the bill

    Passed(Roll #289 · Jun 23, 2023)

    230 yeanay 189

  6. Senate

    Received from the House

    on Banking, Housing, and Urban Affairs(Jul 10, 2023)

Passage votes· Jun 23, 2023· 118th Congress · 2023–2025