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How does H.R. 600 compare to the previous DPA bill (H.R. 6694)?

H.R. 600 is identical to the final version of H.R. 6694 as it relates to seller-financed DPA transactions and requires no changes to the previous CBO estimate. The only change to the legislation was the removal of all language regarding the implementation of risk-based pricing for all FHA borrowers. H.R. 600 allows risk-based pricing for DPA borrowers only.

Read HR 600

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For additional information, please contact Shelley Mitchell, smitchell@nehemiahcorp.org, 916-231-1999.

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