# 119-hr-10028: MOVE Act

119-hr-10028, MOVE Act, is a 119th Congress bill sponsored by Rep. Kean, Thomas H. [R-NJ-7] (R-NJ); status introduced; PRIA reads it as touching household money (as of 2026-08-13).

- Canonical: https://policyrisk.com/legislation/119-hr-10028
- As of: 2026-08-13
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-10028
- Congress: 119
- Title: MOVE Act
- Status: introduced
- Introduced: 2026-08-03
- Sponsor: Rep. Kean, Thomas H. [R-NJ-7] (R-NJ)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-08-13

## Summary

**Requires Fannie Mae and Freddie Mac to buy and securitize mortgages that borrowers can transfer to a new home, expanding mortgage portability.** The bill would require the two agencies to begin purchasing and securitizing these loans within 180 days after enactment and treats portable mortgages as conventional mortgages that allow transfer of interest rate, terms, and balance to a new property within 90 days after sale. - Homeowners: Would be able to keep a mortgage's rate, terms, and balance when moving, because the loan can transfer to a new property within 90 days of sale. - Lenders and mortgage markets: Would gain a clearer secondary market for portable mortgages since Fannie Mae and Freddie Mac would be required to buy and securitize them. - Fannie Mae (FNMA) and Freddie Mac (FHLMC): Would be required to start purchasing and securitizing these portable conventional mortgages within 180 days and must use their existing statutory definitions of "conventional mortgage."

## Provisions PRIA read

- Portable mortgage purchases for homeowners: benefit, medium. If enacted, the bill would require Fannie Mae and Freddie Mac to start buying and securitizing certain "portable" conventional mortgages within 180 days after enactment. A portable mortgage is one where the lender allows the borrower to transfer the interest rate, terms, and balance to a new proper…

## Related bills

- 119-hr-3816: Weather Act Reauthorization Act of 2025
- 119-hr-6976: Duty Status Reform Act
- 119-hr-2725: Affordable Housing Credit Improvement Act of 2025
- 119-hr-2570: Maximum Pressure Act
- 119-hr-1229: United States-Israel Defense Partnership Act of 2025
- 119-hr-2619: No Paydays for Hostage-Takers Act

## Sources
- [119-hr-10028 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/10028)

## Related
- [119-hr-3816: Weather Act Reauthorization Act of 2025](https://policyrisk.com/legislation/119-hr-3816)
- [119-hr-6976: Duty Status Reform Act](https://policyrisk.com/legislation/119-hr-6976)
- [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725)
- [119-hr-2570: Maximum Pressure Act](https://policyrisk.com/legislation/119-hr-2570)
- [119-hr-1229: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-hr-1229)
- [119-hr-2619: No Paydays for Hostage-Takers Act](https://policyrisk.com/legislation/119-hr-2619)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-10028 (as of 2026-08-13).