HR 2208
107th Congress
House
Finance and Financial Sector
Bank accounts
Economics and Public Finance
Federally-assisted loans
Federally-guaranteed loans
Fire insurance
Government lending
Housing and Community Development
Insurance premiums
Interest
Interest rates
Mortgage banks
Mortgage guaranty insurance
Mortgage loans
Property tax
Taxation
To amend the Real Estate Settlement Procedures Act of 1974 to require the payment of interest on escrow and impoundment accounts established for the payment of taxes and fire and hazard insurance premiums on property securing a federally related mortgage loan.
Introduced: June 14, 2001
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 25, 2001
Referred to the Subcommittee on Housing and Community Opportunity.
Jun 14, 2001
Referred to the House Committee on Financial Services.
Jun 14, 2001
Introduced in House
Plain-English summary
Amends the Real Estate Settlement Procedures Act of 1974 to require the payment of interest (of at least 3.5 percent) to a borrower on escrow and impoundment accounts established for the payment of taxes and fire and hazard insurance premiums on property securing a federally related mortgage loan.
What's happening now
Referred to the Subcommittee on Housing and Community Opportunity.
Committees of jurisdiction
2
Cosponsors
1