Protecting America's Property Rights Act mandates additional capital for mortgages not meeting risk standards and requires third-party regulation for.

The Protecting America's Property Rights Act amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to mandate that the Federal Housing Enterprises hold an extra 1.00 percent of the unpaid principal balance for mortgages that do not meet risk standards. It also requires the Director to issue regulations ensuring compliance with these standards, including verifying that any product used for lien and title protection is appropriately regulated by a state insurance authority or state regulator.

Protecting America's Property Rights Act mandates additional capital for mortgages not meeting risk standards and requires third-party regulation for.

The Protecting America's Property Rights Act amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to mandate that the Federal Housing Enterprises hold an extra 1.00 percent of the unpaid principal balance for mortgages that do not meet risk standards. It also requires the Director to issue regulations ensuring compliance with these standards, including verifying that any product used for lien and title protection is appropriately regulated by a state insurance authority or state regulator.