Skip to main content
HR 2570 115th Congress House

Mortgage Fairness Act of 2017

Official title: To amend the Truth in Lending Act to clarify that the points and fees in connection with a mortgage loan do not include certain compensation amounts already ta… Show full official titleShow less

Official title: To amend the Truth in Lending Act to clarify that the points and fees in connection with a mortgage loan do not include certain compensation amounts already taken into account in setting the interest rate on such loan, and for other purposes.

Introduced: May 19, 2017 See on congress.gov
Housing and Community Development Consumer creditHousing finance and home ownershipInterest, dividends, interest rates
Sign in to write a letter Sign in to watch
This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 14, 2018
Placed on the Union Calendar, Calendar No. 801.
Nov 14, 2018
Reported by the Committee on Financial Services. H. Rept. 115-1024.
Jul 24, 2018
Ordered to be Reported by the Yeas and Nays: 34 - 22.
Jul 24, 2018
Committee Consideration and Mark-up Session Held.
May 19, 2017
Referred to the House Committee on Financial Services.
May 19, 2017
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action November 14, 2018

Placed on the Union Calendar, Calendar No. 801.

 Plain-English summary Congressional Research Service

Mortgage Fairness Act of 2017

This bill amends the Truth in Lending Act to revise the definition of "points and fees," for purposes of determining whether a mortgage is a "high-cost mortgage," to: (1) exclude compensation taken into account in setting the interest rate and for which the consumer was not separately charged, and (2) include compensation paid by a consumer or creditor to an individual employed by or contracting with a mortgage originator. (A high-cost mortgage designation restricts the terms of a loan and requires a lender to make certain disclosures to the borrower.)

 Related & companion bills 1
  • HR 3393 Reintroduction of Mortgage Fairness Act of 2015
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2570: Mortgage Fairness Act of 2017. 115th Congress. Open America. https://openamerica.io/bill/115-HR-2570/
MLA
"H.R. 2570: Mortgage Fairness Act of 2017." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-2570/.
Bluebook (legal)
H.R. 2570, 115th Cong. (2026), https://openamerica.io/bill/115-HR-2570/.
Markdown link
[H.R. 2570: Mortgage Fairness Act of 2017](https://openamerica.io/bill/115-HR-2570/)
Report a problem