H.R. 3206 explained · 119th Congress · Pending in Congress
Protecting America's Property Rights Act
Cosponsors: 24 (11 D, 13 R) · per Congress.gov, 2026-10-11
Introduced: 2025-05-06
Latest action (2025-05-06): Referred to the House Committee on Financial Services.
What H.R. 3206 does, in plain terms
Protecting America's Property Rights Act This bill directs the government-sponsored enterprises—Fannie Mae and Freddie Mac—to establish standards for the use of products such as title insurance. (The enterprises facilitate liquidity in the mortgage market by purchasing mortgages and issuing mortgage-backed securities.) Specifically, the enterprises must establish regulations or guidelines for risk management related to loss or damage from liens upon, encumbrances on, or defects in the title to property, or the invalidity or unenforceability of any liens or encumbrances on property by using third party products subject to state regulation. Further, the enterprises must hold an additional 1% of the unpaid principal of any mortgage that does not meet the above regulations or guidelines as part of each enterprise’s minimum capital levels.
Official summary by the Congressional Research Service, via Congress.gov.
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