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HR 3813 110th Congress House Housing and Community Development Finance and Financial Sector Fringe benefits Housing finance Labor and Employment Mortgage banks Mortgages Wages

Mortgage Kickback Prevention Act of 2007

Introduced: October 10, 2007 Introduced by: Murphy, Christopher Democratic · Connecticut See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 10, 2007
Referred to the House Committee on Financial Services.
Oct 10, 2007
Introduced in House
 Plain-English summary Congressional Research Service

Mortgage Kickback Prevention Act of 2007 - Amends the Truth in Lending Act to prohibit a mortgage originator from receiving payment of incentive compensation, including yield spread premium, that is based upon, or varies with, the terms of a residential mortgage loan (steering incentive).

What's happening now October 10, 2007

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1