HR 1865
108th Congress
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Legislation
Prevention of Predatory Lending Through Education Act
Introduced: April 29, 2003
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 12, 2003
Referred to the Subcommittee on Housing and Community Opportunity.
Apr 30, 2003
Sponsor introductory remarks on measure. (CR E815)
Apr 29, 2003
Referred to the House Committee on Financial Services.
Apr 29, 2003
Introduced in House
Plain-English summary
Prevention of Predatory Lending Through Education Act - Authorizes the Secretary of Housing and Urban Development to make grants to States, units of local government, and nonprofit organizations for counseling, referral, and education programs for the prevention of predatory lending.
Directs the Secretary to establish a toll-free telephone number for predatory lending complaints.
Establishes in the Department of Housing and Urban Development a Predatory Lending Advisory Council, which shall: (1) advise the Secretary on issues concerning predatory lending practices; and (2) conduct a study of the causes of home loan defaults and foreclosures.
What's happening now
Referred to the Subcommittee on Housing and Community Opportunity.
Committees of jurisdiction
2
Cosponsors
1