HR 2191 112th Congress House Housing and Community Development Administrative law and regulatory procedures Consumer Financial Protection Bureau Federal Reserve System Government information and archives Housing finance and home ownership Licensing and registrations Real estate business State and local government operations

Home Inspection Act of 2011

Introduced: June 15, 2011 See on congress.gov

Everywhere this bill has been 3 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 19, 2011

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Jun 15, 2011

Referred to the House Committee on Financial Services.

Jun 15, 2011

Introduced in House

Plain-English summary Congressional Research Service

Home Inspection Act of 2011 - Directs the Bureau of Consumer Financial Protection (CFPB) of the Federal Reserve System to prescribe regulations to prohibit any lender from making any federally related mortgage loan under which a home inspection is conducted in connection with settlement of the mortgage loan unless the inspection is conducted by a home inspector licensed, certified, approved, or otherwise regulated by the inspector's home state or the state in which the real property is located.

Amends the Real Estate Settlement Procedures Act of 1974, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act, to direct the CFPB to include home inspection information in settlement forms.

What's happening now July 19, 2011

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

Committees of jurisdiction 2