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H.R. 2890 115th Congress House

Housing Opportunity Mortgage Expansion Act

Official title: To amend the Federal Home Loan Bank Act to permit captive insurance companies that were members of a Federal Home Loan Bank prior to September 12, 2014, to con… Show full official titleShow less

Official title: To amend the Federal Home Loan Bank Act to permit captive insurance companies that were members of a Federal Home Loan Bank prior to September 12, 2014, to continue to be eligible to be members of such a Bank, and for other purposes.

Introduced: June 13, 2017 See on congress.gov
Finance and Financial Sector Banking and financial institutions regulationHousing finance and home ownershipInsurance industry and regulation
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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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 13, 2017
Referred to the House Committee on Financial Services.
Jun 13, 2017
Introduced in House
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 Latest action June 13, 2017

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Housing Opportunity Mortgage Expansion Act

This bill amends the Federal Home Loan Bank Act to continue Federal Home Loan Bank (FHLB) membership for captive insurance companies that became members prior to publication of the proposed (now final) Federal Housing Finance Agency rule ending their FHLB membership. (A captive insurance company underwrites insurance for its parent company and does not provide insurance to the public.) The parent company must support residential mortgage activities.

 Related & companion bills 1
  • S 2361 Housing Opportunity Mortgage Expansion Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 15
All 15 Democratic 9 Republican 3
D
Schakowsky, Janice D.
Illinois · Jan 18, 2018
 D
Krishnamoorthi, Raja
Illinois · Sep 25, 2017
SHIMKUS, JOHN
· Sep 14, 2017
 D
Quigley, Mike
Illinois · Sep 12, 2017
 R
Grothman, Glenn
Wisconsin · Sep 7, 2017
 D
Davis, Danny K.
Illinois · Jul 28, 2017
 R
LaHood, Darin
Illinois · Jul 28, 2017
 D
Pocan, Mark
Wisconsin · Jul 28, 2017
 D
Schneider, Bradley Scott
Illinois · Jul 28, 2017
 R
Bost, Mike
Illinois · Jul 27, 2017
 D
Kelly, Robin L.
Illinois · Jul 27, 2017
 D
Foster, Bill
Illinois · Jul 25, 2017
Roskam, Peter
· Jul 25, 2017
Messer, Luke
· Jun 22, 2017
 D
Moore, Gwen
Wisconsin · Jun 13, 2017
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2890: Housing Opportunity Mortgage Expansion Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-2890/
MLA
"H.R. 2890: Housing Opportunity Mortgage Expansion Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-2890/.
Bluebook (legal)
H.R. 2890, 115th Cong. (2026), https://openamerica.io/bill/115-HR-2890/.
Markdown link
[H.R. 2890: Housing Opportunity Mortgage Expansion Act](https://openamerica.io/bill/115-HR-2890/)
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