US HB4521 | 2013-2014 | 113th Congress
Status
Sponsorship: Strong Partisan Bill (Republican 36-2)
Status: Introduced on April 30 2014 - 25% progression, died in chamber
Action: 2014-05-22 - Ordered to be Reported by the Yeas and Nays: 43 - 16.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 30 2014 - 25% progression, died in chamber
Action: 2014-05-22 - Ordered to be Reported by the Yeas and Nays: 43 - 16.
Text: Latest bill text (Introduced) [PDF]
Summary
Community Institution Mortgage Relief Act of 2014 - Amends the Truth in Lending Act (TILA) to require the Board of Governors of the Federal Reserve System to exempt from certain escrow or impound requirements a loan secured by a first lien on a consumer's principal dwelling if the loan is held by a creditor with assets of $10 billion or less. Amends the Real Estate Settlement Procedures Act of 1974 to direct the Consumer Financial Protection Bureau (CFPB) to provide either exemptions or adjustments from the mortgage loan servicing and escrow account administration requirements of the Act for servicers that annually service 20,000 or fewer mortgage loans.
Title
Community Institution Mortgage Relief Act of 2014
Sponsors
| Rep. Blaine Luetkemeyer [R-MO] | Rep. Spencer Bachus [R-AL] | Rep. Garland Barr [R-KY] | Rep. John Barrow [D-GA] |
| Rep. Rob Bishop [R-UT] | Rep. Diane Black [R-TN] | Rep. Jim Bridenstine [R-OK] | Sen. Bill Cassidy [R-LA] |
| Rep. Jason Chaffetz [R-UT] | Rep. Jim Cooper [D-TN] | Sen. Tom Cotton [R-AR] | Sen. Kevin Cramer [R-ND] |
| Sen. Steve Daines [R-MT] | Rep. Renee Ellmers [R-NC] | Rep. Blake Farenthold [R-TX] | Rep. Stephen Fincher [R-TN] |
| Rep. Tim Griffin [R-AR] | Rep. Gregg Harper [R-MS] | Rep. Randy Hultgren [R-IL] | Rep. Lynn Jenkins [R-KS] |
| Rep. Walter Jones [R-NC] | Sen. James Lankford [R-OK] | Rep. Billy Long [R-MO] | Rep. Frank Lucas [R-OK] |
| Rep. Vance McAllister [R-LA] | Rep. Patrick McHenry [R-NC] | Rep. Mark Meadows [R-NC] | Rep. Gary Miller [R-CA] |
| Rep. Randy Neugebauer [R-TX] | Rep. Kristi Noem [R-SD] | Rep. Richard Nugent [R-FL] | Rep. Alan Nunnelee [R-MS] |
| Rep. Robert Pittenger [R-NC] | Rep. Dennis Ross [R-FL] | Rep. Pete Sessions [R-TX] | Rep. Chris Stewart [R-UT] |
| Rep. Steve Stivers [R-OH] | Rep. Steve Womack [R-AR] |
History
| Date | Chamber | Action |
|---|---|---|
| 2014-05-22 | House | Ordered to be Reported by the Yeas and Nays: 43 - 16. |
| 2014-05-22 | House | Committee Consideration and Mark-up Session Held. |
| 2014-04-30 | House | Referred to the House Committee on Financial Services. |
Same As/Similar To
HB1750 (Related) 2013-04-25 - Referred to the House Committee on Financial Services.
HB4304 (Related) 2014-06-13 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
HB5786 (Related) 2014-12-03 - Referred to the House Committee on Financial Services.
HB4304 (Related) 2014-06-13 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
HB5786 (Related) 2014-12-03 - Referred to the House Committee on Financial Services.
Subjects
Administrative law and regulatory procedures
Bank accounts, deposits, capital
Banking and financial institutions regulation
Consumer Financial Protection Bureau
Federal Reserve System
Housing and community development
Housing finance and home ownership
Real estate business
Small business
Bank accounts, deposits, capital
Banking and financial institutions regulation
Consumer Financial Protection Bureau
Federal Reserve System
Housing and community development
Housing finance and home ownership
Real estate business
Small business
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/113th-congress/house-bill/4521/all-info |
| Text | https://www.congress.gov/113/bills/hr4521/BILLS-113hr4521ih.pdf |
