SB2296: Middle Class Borrower Protection Act of 2023
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
Here is how to read this bill
Start with the summary
It says what the bill does in plain language. The official text is one tab over.
Check where it is
The status badge says how far it has gotten. The History tab lists every step.
Follow it
We will email you when it moves. You need a free account.
Tell someone who votes on it
Email or call the sponsor, or find your own representatives, from the actions panel.
Bill information
Summary
A bill to cancel recent changes made by the Federal Housing Finance Agency to the up-front loan level pricing adjustments charged by Fannie Mae and Freddie Mac for guarantee of single-family mortgages, and for other purposes.
Plain-language summary
This bill would reverse recent fee changes that the Federal Housing Finance Agency made to Fannie Mae and Freddie Mac. Fannie Mae and Freddie Mac are government-backed companies that buy mortgages from banks to help keep lending flowing. The agency changed how much extra borrowers pay upfront based on their loan size. The bill aims to cancel these pricing changes. It is currently in the introduction stage in Congress.
AI-generated summary
What can I do?
It's early in the process — messages to the sponsor and your representatives carry the most weight right now.
Contact Your Representatives
Calling or emailing is the most direct way to weigh in — offices tally constituent contacts.
Find Your RepresentativesShare This Bill
Sharing helps others in your district get informed and involved.
SB2296: Middle Class Borrower Protection Act of 2023
Upcoming hearings & events
Sponsors
Mike Braun
Primary SponsorCo-sponsors (15)
Roger Marshall
Thom Tillis
Cindy Hyde-Smith
Jerry Moran
Tom Cotton