---
kind: "diff"
citation: "H.R. 2162"
bill: "116-hr-2162"
heading: "Housing Financial Literacy Act of 2019"
from: "ih"
from_label: "Introduced in House"
to: "eh"
to_label: "Engrossed in House"
sections_amended: 1
sections_added: 0
sections_removed: 0
url: "https://uscodex.org/bills/116/hr/2162/changes/eh"
---

# H.R. 2162 — what changed

H.R. 2162, Housing Financial Literacy Act of 2019 — 1 section amended between Introduced in House and Engrossed in House.

Edits are marked `<del>struck</del>` and `<ins>inserted</ins>`.

## Sec. 2 Discount on mortgage insurance premium payments for first-time homebuyers who complete financial literacy housing counseling programs

- The second sentence of subparagraph (A) of section 203(c)(2) of the National Housing Act (12 U.S.C. 1709(c)(2)(A)) is <del>amended by striking “not exceed 2.75 percent of the amount of the original insured principal obligation of the mortgage” and inserting “be 25 basis points lower than the premium payment amount established by the Secretary under the first sentence of this subparagraph”.</del><ins>amended—</ins>
- (1) <ins>by inserting before the comma the following: “and such program is completed before the mortgagor has signed an application for a mortgage to be insured under this title or a sales agreement”; and</ins>
- (2) <ins>by striking “not exceed 2.75 percent of the amount of the original insured principal obligation of the mortgage” and inserting “be 25 basis points lower than the premium payment amount established by the Secretary under the first sentence of this subparagraph”.</ins>