1. Short title This Act may be cited as the Promoting Access to Credit for Homebuyers Act of 2020 . 2. Fannie Mae and Freddie Mac (a) Purchase requirements During the period that begins 5 days after the date of the enactment of this Act and ends 60 days after the covered period with respect to the mortgage, notwithstanding any other provision of law, an enterprise may not refuse to purchase any single-family mortgage originated on or after February 1, 2020, that otherwise would have been eligible for purchase by such enterprise, solely due to the fact that the borrower has, for the borrower’s previous mortgage or on the mortgage being purchased— (1) entered into forbearance as a result of a financial hardship due, directly or indirectly, to the COVID-19 emergency; (2) requested forbearance as a result of a financial hardship due, directly or indirectly, to the COVID-19 emergency; or (3) inquired as to options related to forbearance as a result of a financial hardship due, directly or indirectly, to the COVID-19 emergency. (b) Prohibition on restrictions With respect to purchase of single-family mortgages described in subsection (a) and specified in any of paragraphs (1) through (3) of such subsection, an enterprise may not— (1) establish additional restrictions that are not applicable to similarly situated mortgages under which the borrower is not in forbearance; (2) charge a higher guarantee fee (within the meaning provided such term in section 1327 of the Housing and Community Development Act of 1992 ( 12 U.S.C. 4547 )), or loan level pricing adjustment, or otherwise alter pricing for such mortgages, relative to similarly situated mortgages under which the borrower is not in forbearance; (3) apply repurchase requirements to such mortgages that are more restrictive than repurchase requirements applicable to similarly situated mortgages under which the borrower is not in forbearance