US HB2191 | 2011-2012 | 112th Congress

Status

Sponsorship: Partisan Bill (Democrat 19)
Status: Introduced on June 15 2011 - 25% progression, died in committee
Action: 2011-07-19 - Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Pending: House Subcommittee on Financial Institutions and Consumer Credit Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Home Inspection Act of 2011 - Directs the Bureau of Consumer Financial Protection (CFPB) of the Federal Reserve System to prescribe regulations to prohibit any lender from making any federally related mortgage loan under which a home inspection is conducted in connection with settlement of the mortgage loan unless the inspection is conducted by a home inspector licensed, certified, approved, or otherwise regulated by the inspector's home state or the state in which the real property is located. Amends the Real Estate Settlement Procedures Act of 1974, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act, to direct the CFPB to include home inspection information in settlement forms.

Tracking Information

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Title

Home Inspection Act of 2011

Sponsors


History

DateChamberAction
2011-07-19HouseReferred to the Subcommittee on Financial Institutions and Consumer Credit.
2011-06-15HouseReferred to the House Committee on Financial Services.

Subjects


US Congress State Sources


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