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HR 1779 113th Congress House Housing and Community Development Banking and financial institutions regulation Housing finance and home ownership Housing industry and standards Interest, dividends, interest rates Real estate business Retail and wholesale trades

Preserving Access to Manufactured Housing Act of 2013

Introduced: April 26, 2013 See on congress.gov
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 22, 2014
Ordered to be Reported by Voice Vote.
May 22, 2014
Committee Consideration and Mark-up Session Held.
Apr 26, 2013
Referred to the House Committee on Financial Services.
Apr 26, 2013
Sponsor introductory remarks on measure. (CR E566)
Apr 26, 2013
Introduced in House
 Plain-English summary Congressional Research Service

Preserving Access to Manufactured Housing Act of 2013 - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to revise the exclusion from the meaning of "mortgage originator" of any employee of a retailer of manufactured homes who does not for compensation or gain take residential mortgage loan applications, for compensation or gain offer or negotiate terms of a residential mortgage loan, or advise a consumer on loan terms (including rates, fees, and other costs).

Excludes from the meaning of "mortgage originator," instead, any retailer of manufactured or modular homes or its employees unless the retailer or its employees receive compensation or gain for engaging in certain activities in excess of any compensation or gain received in a comparable cash transaction.

Amends the Truth in Lending Act to revise the definition of "high cost mortgage."

What's happening now May 22, 2014

Ordered to be Reported by Voice Vote.

 Committees of jurisdiction 1