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HR 4627 107th Congress House

Real Estate Settlement Fairness Act

Official title: To amend the Real Estate Settlement Procedures Act of 1974 to prohibit certain unearned fees in connection with settlement services involved in residential mortgage loan transactions.

Introduced: May 1, 2002 See on congress.gov
Finance and Financial Sector Administrative procedureCommerceConsumer protectionDepartment of Housing and Urban Development
More subjectsShow fewer subjects
Economics and Public FinanceFederally-assisted loansFederally-guaranteed loansGovernment Operations and PoliticsGovernment lendingHousing and Community DevelopmentLawMortgage banksMortgage guaranty insuranceMortgage loansSettlement costs
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 9, 2002
Referred to the Subcommittee on Housing and Community Opportunity.
May 1, 2002
Referred to the House Committee on Financial Services.
May 1, 2002
Introduced in House
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 Latest action May 9, 2002

Referred to the Subcommittee on Housing and Community Opportunity.

 Plain-English summary Congressional Research Service
Real Estate Settlement Fairness Act - Amends the Real Estate Settlement Procedures Act of 1974 to prohibit certain unearned fees (including certain fee splitting) in connection with settlement services involved in federally related residential mortgage loan transactions.
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Schakowsky, Janice D.
Illinois · May 1, 2002
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4627: Real Estate Settlement Fairness Act. 107th Congress. Open America. https://openamerica.io/bill/107-HR-4627/
MLA
"H.R. 4627: Real Estate Settlement Fairness Act." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-4627/.
Bluebook (legal)
H.R. 4627, 107th Cong. (2026), https://openamerica.io/bill/107-HR-4627/.
Markdown link
[H.R. 4627: Real Estate Settlement Fairness Act](https://openamerica.io/bill/107-HR-4627/)
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