H.R. 892 explained · 119th Congress · Pending in Congress
Mortgage Rate Reduction Act
Cosponsors: none · per Congress.gov, 2026-10-12
Introduced: 2025-01-31
Latest action (2025-03-05): Referred to the Subcommittee on Economic Opportunity.
What H.R. 892 does, in plain terms
Mortgage Rate Reduction Act This bill authorizes the federal guarantee, or insurance, of certain second mortgages. Specifically, this applies to properties with a first mortgage guaranteed by the Federal Housing Administration (FHA) or the Department of Veterans Affairs (VA). For a second mortgage to qualify, the first mortgage on the property must be guaranteed under the same authority. The bill also requires the publication of mortgage guarantee information by the FHA, VA, and Department of Agriculture. For each mortgage guaranteed, these agencies must publish the address of the property and the date of the loan.
Official summary by the Congressional Research Service, via Congress.gov.
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