S 682 114th Congress Senate 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 2015

Introduced: March 10, 2015 See on congress.gov

Everywhere this bill has been 3 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Apr 16, 2015

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-49.

Mar 10, 2015

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

Mar 10, 2015

Introduced in Senate

Plain-English summary Congressional Research Service

Preserving Access to Manufactured Housing Act of 2015

Amends the Truth in Lending 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.

Revises the definition of "high cost mortgage."

What's happening now April 16, 2015

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 114-49.

Committees of jurisdiction 1