As posted on the Website of the House Committee on the Budget on October 8, 2015

    

As ordered reported by the Senate Committee on Environment and Public Works on August 5, 2015

    

As passed by the Senate on July 14, 2015

    

In 2012, the Federal Housing Administration (FHA) reduced fees to refinance FHA-insured mortgages obtained before a retroactive deadline. We estimate that the policy will prevent more than 35,000 defaults of FHA-insured mortgages.