US Congress House Bill 4400 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 64-29)
Status: Introduced on December 16 2009 - 25% progression, died in committee
Action: 2009-12-16 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Nonprofit Mortgage Licensing Clarification Act of 2009 - Amends the S.A.F.E. Mortgage Licensing Act of 2008 to permit a state to exempt from certain registration or licensing requirements any charitable organization exempt from federal tax (including their employees and agents acting as loan originators), if the organization: (1) executes loan originations in order to promote or facilitate homeownership for certain low-income, disabled, or other disadvantaged persons or families; (2) offers loans at interest rates lower than the bank prime loan rate, or that are no-interest loans or loans with interest rates significantly below those for loans to purchase generally available single-family housing; and (3) does not otherwise engage in the business of a loan originator or mortgage broker.

Nonprofit Mortgage Licensing Clarification Act of 2009

Rep. Neil Abercrombie [D-HI]	Rep. Joe Baca [D-CA]	Sen. Tammy Baldwin [D-WI]	Rep. John Barrow [D-GA]
Rep. Melissa Bean [D-IL]	Rep. Sanford Bishop [D-GA]	Sen. Marsha Blackburn [R-TN]	Rep. Rick Boucher [D-VA]
Rep. Vern Buchanan [R-FL]	Rep. G. Butterfield [D-NC]	Rep. Ken Calvert [R-CA]	Rep. Russ Carnahan [D-MO]
Rep. Christopher Carney [D-PA]	Rep. Michael Castle [R-DE]	Rep. Travis Childers [D-MS]	Rep. Howard Coble [R-NC]
Rep. Michael Conaway [R-TX]	Rep. Jim Costa [D-CA]	Rep. Lincoln Davis [D-TN]	Rep. Bill Delahunt [D-MA]
Rep. Rosa DeLauro [D-CT]	Rep. John Dingell [D-MI]	Rep. Lloyd Doggett [D-TX]	Rep. John Duncan [R-TN]
Rep. Chet Edwards [D-TX]	Rep. Keith Ellison [D-MN]	Rep. Brad Ellsworth [D-IN]	Rep. Jo Emerson [R-MO]
Rep. Bob Etheridge [D-NC]	Rep. Virginia Foxx [R-NC]	Rep. Marcia Fudge [D-OH]	Rep. Charles Gonzalez [D-TX]
Rep. Bart Gordon [D-TN]	Rep. Al Green [D-TX]	Rep. Brett Guthrie [R-KY]	Rep. Deborah Halvorson [D-IL]
Rep. Phil Hare [D-IL]	Rep. Gregg Harper [R-MS]	Rep. Baron Hill [D-IN]	Sen. Mazie Hirono [D-HI]
Rep. Bob Inglis [R-SC]	Rep. Lynn Jenkins [R-KS]	Rep. Henry Johnson [D-GA]	Rep. Walter Jones [R-NC]
Rep. Steve Kagen [D-WI]	Rep. Larry Kissell [D-NC]	Rep. John Kline [R-MN]	Rep. Suzanne Kosmas [D-FL]
Rep. James Langevin [D-RI]	Rep. David Loebsack [D-IA]	Rep. Blaine Luetkemeyer [R-MO]	Rep. Betsy Markey [D-CO]
Rep. Jim Marshall [D-GA]	Rep. Eric Massa [D-NY]	Rep. Betty McCollum [D-MN]	Rep. Patrick McHenry [R-NC]
Rep. Mike McIntyre [D-NC]	Rep. Charlie Melancon [D-LA]	Rep. Brad Miller [D-NC]	Rep. Walter Minnick [D-ID]
Rep. Dennis Moore [D-KS]	Rep. Gwen Moore [D-WI]	Rep. Sue Myrick [R-NC]	Rep. Randy Neugebauer [R-TX]
Rep. Eleanor Norton [D-DC]	Rep. Pete Olson [R-TX]	Rep. Ron Paul [R-TX]	Rep. Erik Paulsen [R-MN]
Rep. Thomas Perriello [D-VA]	Rep. Ted Poe [R-TX]	Rep. David Price [D-NC]	Rep. Mike Quigley [D-IL]
Rep. Nick Rahall [D-WV]	Rep. Laura Richardson [D-CA]	Rep. Thomas Rooney [R-FL]	Rep. Ileana Ros-Lehtinen [R-FL]
Rep. Mike Ross [D-AR]	Rep. Steven Rothman [D-NJ]	Rep. Tim Ryan [D-OH]	Rep. John Salazar [D-CO]
Rep. Loretta Sanchez [D-CA]	Rep. Carol Shea-Porter [D-NH]	Rep. Heath Shuler [D-NC]	Rep. Lamar Smith [R-TX]
Rep. Bart Stupak [D-MI]	Rep. John Tanner [D-TN]	Rep. John Tierney [D-MA]	Rep. Fred Upton [R-MI]
Rep. Timothy Walz [D-MN]	Rep. Zach Wamp [R-TN]	Rep. Melvin Watt [D-NC]	Sen. Peter Welch [D-VT]
Rep. Joe Wilson [R-SC]

Date	Chamber	Action
2009-12-16		Referred to the House Committee on Financial Services.

SB3106 (Related) 2010-03-11 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/house-bill/4400/all-info
Text	https://www.congress.gov/111/bills/hr4400/BILLS-111hr4400ih.pdf