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HR 3849 112th Congress House Housing and Community Development Banking and financial institutions regulation Housing finance and home ownership Housing industry and standards Licensing and registrations

Preserving Access to Manufactured Housing Act

Introduced: January 31, 2012 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 9, 2012
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Jan 31, 2012
Referred to the House Committee on Financial Services.
Jan 31, 2012
Introduced in House
 Plain-English summary Congressional Research Service

Preserving Access to Manufactured Housing Act - Amends the S.A.F.E. Mortgage Licensing Act of 2008 to exclude a seller of manufactured homes from the definition of loan originator subject to such Act, unless such individual or entity is engaged in the business of a loan originator or receives compensation or gain for engaging in certain residential mortgage loan activities in excess of any compensation or gain received in a comparable cash transaction.

Amends the Truth in Lending Act, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act, to revise the definition of "high cost mortgage."

What's happening now February 9, 2012

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

 Committees of jurisdiction 2