1. Short title This Act may be cited as the Improving FHA Support for Small Dollar Mortgages Act of 2020 . 2. Review of FHA small-dollar mortgage practices (a) Congressional findings The Congress finds that— (1) affordable homeownership opportunities are being stymied due to the lack of financing available for home purchases under $70,000; (2) according to the Urban Institute, small-dollar mortgage loan applications in 2017 were denied by lenders at double the rate of denial for large mortgage loans, and these denial rates were not related to applicants’ creditworthiness; (3) according to data compiled by Attom Data solutions, small-dollar mortgage originations have decreased 38 percent since 2009, while there has been a 65-percent increase in origination of mortgages for more than $150,000; (4) although the FHA’s mission is to serve creditworthy borrowers who are underserved, according to the Urban Institute the FHA serves 24 percent of the overall market, but only 19 percent of the small-dollar mortgage market