Protecting America's Property Rights Act

Summary

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.

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Timeline

1. 6 May 2025

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 6 May 2025

   Introduced

   Introduced in House

   Source: IntroReferral

3. 6 May 2025

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

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Documents

2 official files

• Introduced in House

  Introduced in House · EN · 6 May 2025

  DownloadOpen at official source

• Introduced in House

  summary · EN · 6 May 2025

  Open at official source

Sponsors

• Andrew Garbarino · R · Sponsor
• Vicente Gonzalez · D · Sponsor
• Jared Moskowitz · D · Cosponsor
• Sarah McBride · D · Cosponsor
• Rep. Davidson, Warren [R-OH-8] · R · Cosponsor
• Julie Johnson · D · Cosponsor
• Mark Alford · R · Cosponsor
• Rep. Barr, Andy [R-KY-6] · R · Cosponsor
• Rep. Mann, Tracey [R-KS-1] · R · Cosponsor
• Brad Sherman · D · Cosponsor
• Joseph Morelle · D · Cosponsor
• Young Kim · R · Cosponsor
• Jim Costa · D · Cosponsor
• Guy Reschenthaler · R · Cosponsor
• Dave Min · D · Cosponsor
• Rep. Steube, W. Gregory [R-FL-17] · R · Cosponsor
• Rep. Suozzi, Thomas R. [D-NY-3] · D · Cosponsor
• Rep. Meuser, Daniel [R-PA-9] · R · Cosponsor
• Rep. Johnson, Dusty [R-SD-At Large] · R · Cosponsor
• Rep. Lawler, Michael [R-NY-17] · R · Cosponsor
• Rep. De La Cruz, Monica [R-TX-15] · R · Cosponsor
• Marlin Stutzman · R · Cosponsor
• Henry Cuellar · D · Cosponsor
• Nathaniel Moran · R · Cosponsor
• Rep. Gottheimer, Josh [D-NJ-5] · D · Cosponsor
• · hsba00 · Standing

Related records

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