House vote: H.R. 5121 // July 25, 2006Needed two-thirds to pass
Expanding American Homeownership Act of 2006
Sponsor: BOB NEY (R-OH)
Expanding American Homeownership Act of 2006 - (Sec. 3) Amends the National Housing Act to modify requirements for determining the maximum insurable mortgage amount. Increases the maximum insurable mortgage amount to the full median house price in a home's area, allowing the Federal Housing Administration (FHA) to insure up to 100% of the Federal Home Loan Mortgage Corporation (FHLMC, or Freddie Mac) conforming loan limit.
Housing and Community Development Topic assigned by the Congressional Research Service.
Who won, and how much of the country was behind them
The dotted gap is 3.0% of U.S. adults whose member did not vote, voted “present,” or whose seat was vacant.
| Side | Outcome | Votes | Share of U.S. adults |
|---|---|---|---|
| Yea | Won | 415 | 95.2% |
| Nay | Lost | 7 | 1.7% |
| Not represented on this question | No position taken | 0 | 3.0% |