U.S. Reps. Meeks and Sessions have reintroduced the Mortgage Insurance Freedom Act to eliminate FHA mortgage insurance premiums.
Quiver AI Summary
U.S. Representatives Gregory W. Meeks (D-NY) and Pete Sessions (R-TX) introduced H.R. 5508, known as The Mortgage Insurance Freedom Act, aimed at allowing homeowners with Federal Housing Administration (FHA) loans to stop paying mortgage insurance premiums after building sufficient equity. Currently, FHA borrowers face lifelong premium requirements.
Meeks stated, "This legislation helps Americans keep more of their hard-earned money while making homeownership more attainable," whereas Sessions emphasized that the bill addresses inequities in the FHA system by rewarding financial responsibility. The legislation has garnered support from several organizations, including the Mortgage Bankers Association and the National Urban League.
Supporters argue that the bill aligns FHA practices with private mortgage insurance, facilitating greater financial flexibility for homeowners and addressing affordability issues in the housing market, particularly for first-time buyers and lower-income families.
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Gregory W. Meeks Bill Proposals
Here are some bills which have recently been proposed by Gregory W. Meeks:
- H.R.5329: To authorize the establishment of a Regional China Officer Program Unit in the Department of State to monitor and assess the global presence of the People's Republic of China and to help United States diplomatic and consular posts abroad address its malign influence and activities, and for other purposes.
- H.R.4516: Saving Lives and Taxpayer Dollars Act
- H.R.4286: SAK PASE in Haiti Act of 2025
- H.R.4140: Burma GAP Act
- H.R.3405: Suspending Transfer of Property for Improper Trump Use Act
- H.R.3357: Enhancing Multi-Class Share Disclosures Act
You can track bills proposed by Gregory W. Meeks on Quiver Quantitative's politician page for Meeks.
Gregory W. Meeks Fundraising
Gregory W. Meeks recently disclosed $314.2K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 281st most from all Q2 reports we have seen this year. 25.8% came from individual donors.
Meeks disclosed $417.9K of spending. This was the 108th most from all Q2 reports we have seen from politicians so far this year.
Meeks disclosed $2.0M of cash on hand at the end of the filing period. This was the 159th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Gregory W. Meeks's fundraising on Quiver Quantitative.
