Skip to main content
HR 3492 106th Congress House

Residential Loan Servicing Clarification Act

Official title: To amend the Fair Debt Collection Practices Act to exempt mortgage servicers from certain requirements of the Act with respect to federally related mortgage lo… Show full official titleShow less

Official title: To amend the Fair Debt Collection Practices Act to exempt mortgage servicers from certain requirements of the Act with respect to federally related mortgage loans secured by a first lien, and for other purposes.

Introduced: June 23, 2000 See on congress.gov
Finance and Financial Sector Collection agenciesCollection of accountsCommerceConsumer education
More subjectsShow fewer subjects
Debtor and creditorEconomics and Public FinanceFederally-assisted loansFederally-guaranteed loansFinancial statementsGovernment Operations and PoliticsGovernment lendingGovernment paperworkHousing and Community DevelopmentLoan defaultsMortgage guaranty insuranceMortgage loans
Sign in to write a letter Sign in to watch
This bill died when the 106th Congress ended
It never became law before the 106th Congress (1999–2000) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 2, 1999
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Nov 19, 1999
Sponsor introductory remarks on measure. (CR E2477-2478)
Nov 18, 1999
Referred to the House Committee on Banking and Financial Services.
Nov 18, 1999
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action December 2, 1999

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

 Plain-English summary Congressional Research Service
Residential Loan Servicing Clarification Act - Amends the Fair Debt Collection Practices Act to exempt a servicer of federally related mortgage loans secured by first liens from certain debt collection disclosure and debt validation requirements if such servicer is a debt collector whose primary function is servicing such loans. Sets forth servicer-consumer validation statement requirements.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 1 Republican 1
D
Sherman, Brad
California · Sep 27, 2000
 R
Sessions, Pete
Texas · Jun 23, 2000
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3492: Residential Loan Servicing Clarification Act. 106th Congress. Open America. https://openamerica.io/bill/106-HR-3492/
MLA
"H.R. 3492: Residential Loan Servicing Clarification Act." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-HR-3492/.
Bluebook (legal)
H.R. 3492, 106th Cong. (2026), https://openamerica.io/bill/106-HR-3492/.
Markdown link
[H.R. 3492: Residential Loan Servicing Clarification Act](https://openamerica.io/bill/106-HR-3492/)
Report a problem