H.R. 3564Middle Class Borrower Protection Act of 2023

3 recorded actions296 of these members are on the 2026 ballotWhat the measure does Read on Congress.gov

Sponsor: Warren Davidson [R-OH-08]
Cosponsors: 13 · 13 Republicans
Policy area: Finance and Financial Sector
Committees: Financial Services Committee, Banking, Housing, and Urban Affairs Committee
Latest action: Jul 10, 2023 · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

IntroducedMay 22, 2023
Passed the HouseJun 23, 2023
Passed the SenateNot yet reached
Sent to the PresidentNot yet reached
Became lawNot yet reached

What the measure doesCRS summary

Middle Class Borrower Protection Act of 2023

This bill rolls back changes made by the Federal Housing Finance Agency (FHFA) to the fees charged by Fannie Mae and Freddie Mac for a conventional single-family mortgage (i.e., loan-level pricing adjustments) and restricts future fee adjustments. These changes, effective May 1, 2023, revised the fee charts that provide percentage adjustments based on a mortgagor's credit score and down payment.

(Sec. 2) This section reinstates the fee structure that was in place prior to May 1, 2023.

(Sec. 3) Further adjustments to the fee structure by FHFA are prohibited until 90 days after the publication of a report by the Government Accountability Office (GAO) required by section 5 of the bill. After this period, FHFA must follow Administrative Procedure Act requirements when proposing adjustments to the fee structure.

This section also requires that, to the greatest extent feasible, revisions to the fee schedule must be based on risk.

(Sec. 4) FHFA, Fannie Mae, and Freddie Mac are prohibited from imposing any loan-level pricing adjustment fee that is based on the ratio of the debt of the mortgagor to the income of the mortgagor.

(Sec. 5) The GAO must report on the changes to the fees made by the FHFA.

(Sec. 7) This section extends through FY2033 the authority of Fannie Mae and Freddie Mac to charge a guarantee fee.

Written by the nonpartisan Congressional Research Service, describing H.R. 3564 as passed House on Jun 23, 2023. It is not the text of the measure; a later amendment may have changed what it does.

Roll calls on H.R. 35643 roll calls on this measure

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Jun 23, 2023Each bar: ✓ Yea from the bottom, ✕ Nay aboveJun 23, 2023

How every member votedHouse roll call 289

House Jun 23, 2023 · the primary vote

On Passage

Middle Class Borrower Protection Act

Passed

230 Yea 189 Nay 14 not voting

Party-line vote 14 of 419 voting members broke with their own party: 14 Democrats.

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How the chamber split

One dot per member. Select a seat or a bar to filter the list.

DemocratsRepublicansFilled: YeaRing: NayGrey: not voting or present

By party select a segment to filter

All members433 members

Democratic212 members

Republican221 members

marks half of the votes cast. A party’s majority is the side most of its voting members took.

Cosponsors13 · 13 Republicans

Signing on is not a vote: a member can cosponsor H.R. 3564 and vote against it. 9 signed when it was filed.

Who lobbied on H.R. 356411 organizations

Organizations that named H.R. 3564 in a lobbying disclosure. Only those that cited the bill by number appear, so this is a floor, not a full list.

NATIONAL ASSOCIATION OF HOME BUILDERSIts PAC: Build PAC of the National Association of Home Builders

Trade (domestic/foreign) · Disaster Planning/Emergencies · Transportation · Government Issues +15 more11 filings · 4th Quarter (Oct 1 - Dec 31) 2024Filing

HOUSING POLICY COUNCILfiled by THE SMITH-FREE GROUP, LLC, HOUSING POLICY COUNCIL

Housing · Law Enforcement/Crime/Criminal Justice · Banking · Financial Institutions/Investments/Securities +1 more9 filings · 4th Quarter (Oct 1 - Dec 31) 2024Filing

NATIONAL ASSOCIATION OF REALTORSIts PAC: National Association of Realtors Congressional Fund

Civil Rights/Civil Liberties · Consumer Issues/Safety/Products · Financial Institutions/Investments/Securities · Housing +5 more9 filings · 4th Quarter (Oct 1 - Dec 31) 2024Filing

MORTGAGE BANKERS ASSOCIATIONIts PAC: Mortgage Bankers Association PAC

Banking · Housing · Taxation/Internal Revenue Code · Government Issues +5 more7 filings · 4th Quarter (Oct 1 - Dec 31) 2024Filing

AMERICAN LAND TITLE ASSOCIATIONIts PAC: American Land Title Association Title Industry PAC

Taxation/Internal Revenue Code · Indian/Native American Affairs · Consumer Issues/Safety/Products · Financial Institutions/Investments/Securities +2 more3 filings · 4th Quarter (Oct 1 - Dec 31) 2023Filing

NATIONAL ASSOCIATION OF FEDERALLY-INSURED CREDIT UNIONSfiled by NATIONAL ASSOCIATION OF FEDERALLY-INSURED CREDIT UNIONS (FKA NAT'L ASSN OF FEDERAL CREDIT UNIONS)

Banking · Financial Institutions/Investments/Securities · Taxation/Internal Revenue Code3 filings · 4th Quarter (Oct 1 - Dec 31) 2023Filing

AMERICANS FOR FINANCIAL REFORM

Financial Institutions/Investments/Securities · Consumer Issues/Safety/Products · Banking · Taxation/Internal Revenue Code +3 more2 filings · 2nd Quarter (Apr 1 - June 30) 2023Filing

INDEPENDENT COMMUNITY BANKERS OF AMERICAIts PAC: Independent Community Bankers of America PAC

Agriculture · Banking · Budget/Appropriations · Housing +2 more2 filings · 3rd Quarter (July 1 - Sep 30) 2023Filing

ROCK CENTRAL

Housing · Taxation/Internal Revenue Code · Telecommunications · Agriculture2 filings · 3rd Quarter (July 1 - Sep 30) 2023Filing

HERITAGE ACTION FOR AMERICA

Labor Issues/Antitrust/Workplace · Taxation/Internal Revenue Code · Budget/Appropriations · Government Issues +15 more1 filing · 2nd Quarter (Apr 1 - June 30) 2023Filing

50 disclosures name this measure. Retrieved from LDA.gov on 2026-10-04. Senate Office of Public Records cannot vouch for the data or analyses derived from these data after the data have been retrieved from LDA.gov.