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S 1310 115th 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: June 7, 2017 Introduced by: Rounds, Mike Republican · South Dakota See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 8, 2017
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-81.
Jun 7, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 7, 2017
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 a depository institution from certain records and disclosure requirements related to the itemization of loan data: (1) with respect to closed-end mortgage loans, if the depository institution originated fewer than 500 such loans in each of the two preceding years; and (2) with respect to open-end lines of credit, if the depository institution originated fewer than 500 such lines of credit in each of the two preceding years.

What's happening now June 8, 2017

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-81.

 Committees of jurisdiction 1