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H.R. 5981 · 111th Congress · 2009–2010

To increase the flexibility of the Secretary of Housing and Urban Development with respect to the amount of premiums charged for FHA single family housing mortgage insurance, and for other purposes.

H.R. 5981 in the 111th Congress (2009–2010) became law — introduced on Jul 30, 2010, sponsored by Barney Frank.

During the 111th Congress (2009–2010), Barack Obama was president, and Democrats held majorities in both the House and Senate.

Status
Became law
Introduced
Jul 30, 2010
Co-sponsors
0
Policy area
Housing and Community Development
Public law
Public Law 111-229

What it does

Amends the National Housing Act with respect to requirements for the insurance of mortgages secured by a one- to four-family dwelling which are obligations of the Mutual Mortgage Insurance Fund. (Sec. 1) Authorizes the Secretary of Housing and Urban Development (HUD) to establish and collect annual premium payments of up to 1.5% of the remaining insured principal balance on such a dwelling.

Summary by the nonpartisan Congressional Research Service.

Sponsor

Barney Frank (D-MA)

Where it stands

  • IntroducedJul 30, 2010
  • Passed the HouseJul 30, 2010
  • Passed the SenateAug 4, 2010
  • Sent to the PresidentAug 10, 2010
  • Became lawAug 11, 2010

Latest action: Became Public Law No: 111-229. (Aug 11, 2010)

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From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

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Capitol Receipts, “H.R. 5981 (111th Congress): To increase the flexibility of the…,” https://www.capitolreceipts.com/bill/111-hr-5981/to-increase-the-flexibility-of-the-secretary-of-housing (accessed 2026-10-17).

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