US HB3849 | 2011-2012 | 112th Congress

Status

Spectrum: Slight Partisan Bill (Republican 32-12)
Status: Introduced on January 31 2012 - 25% progression, died in committee
Action: 2012-02-09 - 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

Preserving Access to Manufactured Housing Act - Amends the S.A.F.E. Mortgage Licensing Act of 2008 to exclude a seller of manufactured homes from the definition of loan originator subject to such Act, unless such individual or entity is engaged in the business of a loan originator or receives compensation or gain for engaging in certain residential mortgage loan activities in excess of any compensation or gain received in a comparable cash transaction. Amends the Truth in Lending Act, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act, to revise the definition of "high cost mortgage."

Tracking Information

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Title

Preserving Access to Manufactured Housing Act

Sponsors


History

DateChamberAction
2012-02-09HouseReferred to the Subcommittee on Financial Institutions and Consumer Credit.
2012-01-31HouseReferred to the House Committee on Financial Services.

Subjects


US Congress State Sources


Bill Comments

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