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HR 1210 114th Congress House Finance and Financial Sector Bank accounts, deposits, capital Banking and financial institutions regulation Civil actions and liability Housing finance and home ownership

Portfolio Lending and Mortgage Access Act

Introduced: March 19, 2015 Introduced by: Barr, Andy Republican · Kentucky See on congress.gov
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 20 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 19, 2015
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Nov 18, 2015
Motion to reconsider laid on the table Agreed to without objection.
Nov 18, 2015
On passage Passed by the Yeas and Nays: 255 - 174 (Roll no. 636). (text: CR H8312)
Nov 18, 2015
On motion to recommit with instructions Failed by the Yeas and Nays: 184 - 242 (Roll no. 635).
Nov 18, 2015
The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H8320)
Nov 18, 2015
DEBATE - The House proceeded with 10 minutes of debate on the Thompson (CA) motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment pending a reservation of a point of order. Subsequently, the reservation was removed. The amendment retains features of the Qualified Mortgage rule with respect to consumers who are veterans and members of the Armed Forces.
Nov 18, 2015
Mr. Thompson (CA) moved to recommit with instructions to the Committee on Financial Services. (consideration: CR H8319-8321; text: CR H8319)
Nov 18, 2015
The previous question was ordered pursuant to the rule. (consideration: CR H8319)
Nov 18, 2015
DEBATE - Pursuant to the provisions of H. Res. 529, the House proceeded with one hour of general debate on H.R. 1210.
Nov 18, 2015
Considered under the provisions of rule H. Res. 529. (consideration: CR H8311-8322)
Nov 17, 2015
Rules Committee Resolution H. Res. 529 Reported to House. Rule provides for consideration of H.R. 1210 and H.R. 3189. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Rule provides that H.R. 1210 shall be amended by the text of Rules Committee Print 114-34 and that the amendment printed in part A of the report from the Committee on Rules shall be separately debatable for 10 minutes. H.R. 3189 shall be amended by the text of Rules Committee Print 114-35 and modified by the amendment printed in Part B of the report. No further amendments other than those printed in Part C of the report shall be in order for H.R. 3189.
Nov 16, 2015
Placed on the Union Calendar, Calendar No. 251.
Nov 16, 2015
Reported by the Committee on Financial Services. H. Rept. 114-330.
Jul 29, 2015
Ordered to be Reported by the Yeas and Nays: 38 - 18.
Jul 29, 2015
Committee Consideration and Mark-up Session Held.
Jul 28, 2015
Committee Consideration and Mark-up Session Held.
Jun 11, 2015
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
Apr 16, 2015
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-49.
Mar 3, 2015
Referred to the House Committee on Financial Services.
Mar 3, 2015
Introduced in House
 Votes taken on this bill 2
DateChamberWhat was voted onResultYes–No
Nov 18, 2015 House · vote #636 On Passage Passed 255–174 See who voted →
Nov 18, 2015 House · vote #635 On Motion to Recommit with Instructions Failed 184–242 See who voted →
 Amendments to this bill 1

Amendments propose changes to this bill. Members vote on amendments separately before the final bill vote. An agreed amendment becomes part of the bill; a failed amendment does not.

AmendmentSponsorPurposeStatusLatest action
HAMDT 833 — An amendment made in order as original text consisting of the text of Rules Committee print 114-35, modified … Pending —
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 Plain-English summary Congressional Research Service

Portfolio Lending and Mortgage Access Act

(Sec. 2) This bill amends the Truth in Lending Act to create a safe harbor from lawsuit for creditors that are depository institutions for any failure to comply with certain requirements with respect to a residential mortgage loan, and the banking regulators are required to treat such a loan as a qualified mortgage, if the creditor has, since the loan's origination, held it on its balance sheet and all prepayment penalties with respect to the loan comply with specified limitations.

A safe harbor from lawsuit is also created for mortgage originators for steering a consumer to a residential mortgage loan if:

  • the creditor is a depository institution and has informed the mortgage originator that it intends to hold the loan on its balance sheet for the life of the loan, and
  • the mortgage originator informs the consumer that the creditor intends to do so.
What's happening now November 19, 2015

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Related & companion bills 5
  • HR 1233 Related bill CLEARR Act of 2015
  • HR 1113 Related bill Portfolio Lending and Mortgage Access Act
  • HR 1389 Related bill American Jobs and Community Revitalization Act of 2015
  • HRES 529 Related bill Providing for consideration of the bill (H.R. 1210) to amend the Truth in Lending Act to provide a safe harbor from cer…
  • HR 5983 Related bill Financial CHOICE Act of 2016
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 22
All 22 Republican 20
R
Williams, Roger
Texas · Jul 28, 2015
 R
Gosar, Paul A.
Arizona · Jun 1, 2015
 R
Babin, Brian
Texas · May 13, 2015
 R
Cramer, Kevin
North Dakota · May 13, 2015
 R
Sessions, Pete
Texas · May 13, 2015
 R
Wilson, Joe
South Carolina · Apr 14, 2015
 R
Fleischmann, Charles J. "Chuck"
Tennessee · Mar 25, 2015
 R
Guthrie, Brett
Kentucky · Mar 24, 2015
Poliquin, Bruce
· Mar 19, 2015
 R
McClintock, Tom
California · Mar 16, 2015
 R
Valadao, David G.
California · Mar 16, 2015
 R
Wagner, Ann
Missouri · Mar 16, 2015
 R
Walberg, Tim
Michigan · Mar 16, 2015
 R
Zinke, Ryan K.
Montana · Mar 16, 2015
 R
Amodei, Mark E.
Nevada · Mar 3, 2015
Blum, Rod
· Mar 3, 2015
 R
Emmer, Tom
Minnesota · Mar 3, 2015
 R
Hill, J. French
Arkansas · Mar 3, 2015
 R
Joyce, David P.
Ohio · Mar 3, 2015
 R
Lucas, Frank D.
Oklahoma · Mar 3, 2015
 R
Stutzman, Marlin A.
Indiana · Mar 3, 2015
 R
Weber, Randy K. Sr.
Texas · Mar 3, 2015
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1210: Portfolio Lending and Mortgage Access Act. 114th Congress. Open America. https://openamerica.io/bill/114-HR-1210/
MLA
"H.R. 1210: Portfolio Lending and Mortgage Access Act." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-1210/.
Bluebook (legal)
H.R. 1210, 114th Cong. (2026), https://openamerica.io/bill/114-HR-1210/.
Markdown link
[H.R. 1210: Portfolio Lending and Mortgage Access Act](https://openamerica.io/bill/114-HR-1210/)
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