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Property Rights Protection: New Mortgage Rules

This act introduces new requirements for companies buying and selling mortgages to better protect your property rights. It aims to reduce risks related to title defects or liens, potentially increasing the security of your home investment.
Key points
Mortgage companies must better manage risks related to property title issues by using regulated insurance or other products.
Additional capital requirements are imposed on companies that do not meet the new title protection standards, aiming to increase their financial stability.
The new rules are designed to make your property ownership more secure and ensure that potential title document problems are adequately covered.
article Official text account_balance Process page
Introduced
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Additional Information
Print number: 119_HR_3206
Sponsor: Rep. Garbarino, Andrew R. [R-NY-2]
Process start date: 2025-05-06
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Protecting America's Property Rights Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_3206.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-05-06.

What are the main provisions?

Key points include:

  • Mortgage companies must better manage risks related to property title issues by using regulated insurance or other products.
  • Additional capital requirements are imposed on companies that do not meet the new title protection standards, aiming to increase their financial stability.
  • The new rules are designed to make your property ownership more secure and ensure that potential title document problems are adequately covered.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Garbarino, Andrew R. [R-NY-2].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Real Estate Economy