HR 607
105th Congress
House
Finance and Financial Sector
Administrative procedure
Affordable housing
Apartment houses
Authorization
Bank failures
Block grants
Boundaries
Child development
Civil Rights and Liberties, Minority Issues
Colonias
Commerce
Consumer education
Crime and Law Enforcement
Debtor and creditor
Department of Housing and Urban Development
Department of the Treasury
Disabled
Drug abuse
Drug abuse prevention
Home Owners Protection Act
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Everywhere this bill has been
24 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 27, 1998
Message on Senate action sent to the House.
Nov 13, 1997
Passed Senate with an amendment and an amendment to the Title by Unanimous Consent.
Nov 13, 1997
Passed/agreed to in Senate: Passed Senate with an amendment and an amendment to the Title by Unanimous Consent.
Nov 13, 1997
Amendment SP 1637 agreed to in Senate by Unanimous Consent.
Nov 13, 1997
Amendment SP 1637 proposed by Senator Lott for Senator D'Amato.
Nov 13, 1997
Measure laid before Senate by unanimous consent. (consideration: CR S12681)
Apr 17, 1997
Received in the Senate, read twice.
Apr 16, 1997
The title of the measure was amended. Agreed to without objection.
Apr 16, 1997
Motion to reconsider laid on the table Agreed to without objection.
Apr 16, 1997
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 421 - 7 (Roll no. 80).
Apr 16, 1997
Considered as unfinished business.
Apr 16, 1997
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 5, rule I, the Chair announced that further proceedings on the motion would be postponed.
Apr 16, 1997
DEBATE - The House proceeded with forty minutes of debate.
Apr 16, 1997
Considered under suspension of the rules. (consideration: CR H1557-1566, H1581-1582)
Apr 16, 1997
Mr. Leach moved to suspend the rules and pass the bill, as amended.
Apr 16, 1997
Placed on the Union Calendar, Calendar No. 39.
Apr 16, 1997
Reported (Amended) by the Committee on Banking and Financial Services. H. Rept. 105-55.
Mar 20, 1997
Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 1.
Mar 20, 1997
Committee Consideration and Mark-up Session Held.
Mar 18, 1997
Committee Hearings Held.
Feb 28, 1997
Referred to the Subcommittee on Housing and Community Opportunity.
Feb 14, 1997
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Feb 5, 1997
Referred to the House Committee on Banking and Financial Services.
Feb 5, 1997
Introduced in House
Votes taken on this bill
1
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Apr 16, 1997 | House · vote #80 | Suspend the rules and pass, as amended | Passed | 421–7 | See who voted → |
Amendments to this bill
1
Amendments propose changes to this bill. Members vote on amendments separately before the final bill vote. An agreed amendment becomes part of the bill; a failed amendment does not.
1 agreed to
| Amendment | Sponsor | Status |
|---|---|---|
| SAMDT 1,637 | — | Agreed to |
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Plain-English summary
Homeowners Insurance Protection Act - Amends the Truth in Lending Act to require a creditor to provide free, specified written disclosures about cancellation rights for private mortgage insurance if a consumer is required to obtain such insurance as a condition for entering into a residential mortgage transaction.
Imposes civil liability in the amount of treble damages for noncompliance with such disclosure requirements.
What's happening now
Message on Senate action sent to the House.
Related & companion bills
1
Bill text
5 versions
- Engrossed Amendment Senate Formatted Text PDF
- Engrossed in House Formatted Text PDF
- Introduced in House Formatted Text PDF
- Received in Senate Formatted Text PDF
- Reported in House Formatted Text PDF
Committees of jurisdiction
3
Cosponsors
3
Cite this page
U.S. Congress. (2026). H.R. 607: An Act to amend the National Housing Act to prevent the funding of unnecessary or excessive costs for obtaining a home equity conversion mortgage, to require automatic cancellation and notice of cancellation rights with respect to private mortgage insurance required as a condition for entering into a residential mortagage transaction, to abolish the Thrift Depositor Protection Oversight Board, and for other purposes.. 105th Congress. Open America. https://openamerica.io/bill/105-HR-607/
"H.R. 607: An Act to amend the National Housing Act to prevent the funding of unnecessary or excessive costs for obtaining a home equity conversion mortgage, to require automatic cancellation and notice of cancellation rights with respect to private mortgage insurance required as a condition for entering into a residential mortagage transaction, to abolish the Thrift Depositor Protection Oversight Board, and for other purposes.." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-607/.
H.R. 607, 105th Cong. (2026), https://openamerica.io/bill/105-HR-607/.
[H.R. 607: An Act to amend the National Housing Act to prevent the funding of unnecessary or excessive costs for obtaining a home equity conversion mortgage, to require automatic cancellation and notice of cancellation rights with respect to private mortgage insurance required as a condition for entering into a residential mortagage transaction, to abolish the Thrift Depositor Protection Oversight Board, and for other purposes.](https://openamerica.io/bill/105-HR-607/)