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S 3215 114th Congress Senate Finance and Financial Sector Banking and financial institutions regulation Business records Consumer credit Housing finance and home ownership

Home Mortgage Disclosure Adjustment Act

Introduced: July 14, 2016 Introduced by: Rounds, Mike Republican · South Dakota See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 14, 2016
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 14, 2016
Introduced in Senate
 Plain-English summary Congressional Research Service

Home Mortgage Disclosure Adjustment Act

This bill amends the Home Mortgage Disclosure Act of 1975 to exempt from maintenance of mortgage loan records and disclosure requirements depository institutions that have originated in each of the two preceding calendar years:

  • fewer than 100 closed-end mortgage loans, and
  • fewer than 200 open-end lines of credit.
What's happening now July 14, 2016

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

 Committees of jurisdiction 1