US HB892

Amends the National Housing Act to allow FHA to insure second mortgages on properties where FHA already insures the first mortgage, facilitating mortgage assumptions by subsequent home buyers

Authorizes the Department of Veterans Affairs to guarantee housing loans secured by second liens when the VA already insures the first lien on the property

Expresses congressional support for USDA to guarantee second mortgages under the Housing Act of 1949 when the department insures the first mortgage on eligible rural housing

Requires FHA, USDA, and VA to publish within 1 year public online lists of all properties with government-insured or guaranteed mortgages, including property addresses and loan origination dates

Aims to reduce barriers to home purchases by enabling buyers to assume existing low-rate mortgages while using a government-backed second mortgage to cover the difference in purchase price