3.0.0 1295 2022-02-03T05:30:03Z 2022-02-03T05:30:03Z House H HR 2005-03-15 109 hsba00 Financial Services Committee House Standing hsba04 Housing and Insurance Subcommittee Referred to 2005-05-13T15:57:18Z hsba15 Consumer Protection and Financial Institutions Subcommittee Referred to 2005-05-13T13:10:31Z Referred to 2005-03-15T14:03:15Z Fair and Responsible Lending Act 109 4471 HR 2005-12-08 Referred to the House Committee on Financial Services. Related bill CRS 2005-06-27 Sponsor introductory remarks on measure. (CR H5182) IntroReferral B00100 9 Library of Congress 2005-05-13 hsba04 Housing and Insurance Subcommittee 1 House committee actions Referred to the Subcommittee on Housing and Community Opportunity. Committee 2005-05-13 hsba15 Consumer Protection and Financial Institutions Subcommittee 1 House committee actions Referred to the Subcommittee on Financial Institutions and Consumer Credit. Committee 2005-03-15 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2005-03-15 Introduced in House IntroReferral Intro-H 9 Library of Congress 2005-03-15 Introduced in House IntroReferral 1000 9 Library of Congress N000081 Rep. Ney, Robert W. [R-OH-18] BOB NEY R OH 18 N K000008 Rep. Kanjorski, Paul E. [D-PA-11] PAUL KANJORSKI D PA E. 11 2005-03-15 True M001139 Rep. Miller, Gary G. [R-CA-42] GARY MILLER R CA 42 2005-03-15 True M001137 Rep. Meeks, Gregory W. [D-NY-6] GREGORY MEEKS D NY W. 6 2005-03-15 True G000210 Rep. Gillmor, Paul E. [R-OH-5] PAUL GILLMOR R OH E. 5 2005-03-15 True C001038 Rep. Crowley, Joseph [D-NY-7] JOSEPH CROWLEY D NY 7 2005-03-15 True F000447 Rep. Feeney, Tom [R-FL-24] Tom Feeney R FL 24 2005-03-15 True C001049 Rep. Clay, Wm. Lacy [D-MO-1] WM. CLAY D MO LACY 1 2005-03-15 True S000344 Rep. Sherman, Brad [D-CA-27] BRAD SHERMAN D CA 27 2005-03-15 True S001157 Rep. Scott, David [D-GA-13] David Scott D GA 13 2005-03-15 True H000762 Rep. Hooley, Darlene [D-OR-5] DARLENE HOOLEY D OR 5 2005-03-15 True T000462 Rep. Tiberi, Patrick J. [R-OH-12] PATRICK TIBERI R OH J. 12 2005-03-15 True F000262 Rep. Ford, Harold E., Jr. [D-TN-9] HAROLD FORD D TN E. 9 2005-03-17 False T000193 Rep. Thompson, Bennie G. [D-MS-2] BENNIE THOMPSON D MS 2 2005-03-17 False K000210 Rep. King, Peter T. [R-NY-3] PETER KING R NY T. 3 2005-04-06 False I000057 Rep. Israel, Steve [D-NY-2] STEVE ISRAEL D NY 2 2005-04-21 False F000451 Rep. Fitzpatrick, Michael G. [R-PA-8] Michael Fitzpatrick R PA G. 8 2005-04-21 False L000552 Rep. LaHood, Ray [R-IL-18] RAY LAHOOD R IL 18 2005-04-21 False B000490 Rep. Bishop, Sanford D., Jr. [D-GA-2] SANFORD BISHOP D GA D. 2 2005-04-21 False M001156 Rep. McHenry, Patrick T. [R-NC-10] Patrick McHenry R NC 10 2005-04-28 False L000553 Rep. LaTourette, Steven C. [R-OH-14] STEVEN LATOURETTE R OH C. 14 2005-04-28 False B000716 Rep. Boyd, Allen [D-FL-2] ALLEN BOYD D FL JR. 2 2005-04-28 False B001239 Rep. Barrett, J. Gresham [R-SC-3] J. Barrett R SC Gresham 3 2005-04-28 False O000163 Rep. Oxley, Michael G. [R-OH-4] MICHAEL OXLEY R OH G. 4 2005-04-28 False B001247 Rep. Brown-Waite, Ginny [R-FL-5] Ginny Brown-Waite R FL 5 2005-04-28 False D000603 Rep. Davis, Geoff [R-KY-4] Geoff Davis R KY 4 2005-04-28 False R000574 Rep. Renzi, Rick [R-AZ-1] Rick Renzi R AZ 1 2005-04-28 False H001035 Rep. Harris, Katherine [R-FL-13] Katherine Harris R FL 13 2005-04-28 False C000830 Rep. Cox, Christopher [R-CA-48] CHRISTOPHER COX R CA 48 2005-05-05 False P000591 Rep. Price, Tom [R-GA-6] Tom Price R GA 6 2005-05-05 False F000440 Rep. Fossella, Vito [R-NY-13] VITO FOSSELLA R NY 13 2005-05-05 False O000159 Rep. Owens, Major R. [D-NY-11] MAJOR OWENS D NY R. 11 2005-05-17 False 2005-07-28 G000549 Rep. Gerlach, Jim [R-PA-6] Jim Gerlach R PA 6 2005-05-17 False D000429 Rep. Doolittle, John T. [R-CA-4] JOHN DOOLITTLE R CA T. 4 2005-05-17 False H001036 Rep. Hensarling, Jeb [R-TX-5] Jeb Hensarling R TX 5 2005-05-18 False P000258 Rep. Peterson, Collin C. [D-MN-7] COLLIN PETERSON D MN C. 7 2005-05-23 False B001255 Rep. Boustany, Charles W., Jr. [R-LA-7] Charles Boustany R LA W. 7 2005-05-23 False M001140 Rep. Moore, Dennis [D-KS-3] DENNIS MOORE D KS 3 2005-06-08 False B001234 Rep. Baca, Joe [D-CA-43] JOE BACA D CA 43 2005-06-16 False M001142 Rep. Matheson, Jim [D-UT-2] JIM MATHESON D UT 2 2005-06-22 False F000116 Rep. Filner, Bob [D-CA-51] BOB FILNER D CA 51 2006-05-08 False Finance and Financial Sector Administrative procedure Bank accounts Bribery Civil Rights and Liberties, Minority Issues Civil actions and liability Class actions (Civil procedure) Commerce Commercial arbitration Compensation (Law) Computer software Confidential communications Conflict of interests Congress Congressional investigations Congressional reporting requirements Consumer complaints Consumer credit Consumer education Consumer protection Contractors Contracts Counseling Credit insurance Crime and Law Enforcement Damages Data banks Debtor and creditor Department of Housing and Urban Development Depreciation and amortization Disaster insurance Economics and Public Finance Electronic government information Emergency Management Evidence (Law) Executive reorganization Extortion Federal Reserve System Federal advisory bodies Federal aid to housing Federal officials Federal preemption Fees Finance charges Financial statements Fines (Penalties) Foreclosure Fraud Government Operations and Politics Government contractors Government paperwork Government publications Government publicity Governmental investigations Home equity conversion Home ownership Home repair and improvement Housing and Community Development Housing finance Insurance premiums Interest Internet Interstate relations Judicial review Law Legal fees Liability (Law) Licenses Limitation of actions Loan defaults Mortgage banks Mortgage guaranty insurance Mortgage interest rates Mortgages Nonprofit organizations Performance measurement Property insurance Property tax Public meetings Real estate appraisal Rental housing Restrictive trade practices Right of privacy Science, Technology, Communications Settlement costs Social Welfare Standards State laws Surveys Taxation Telephone Trusts and trustees User charges Web sites Finance and Financial Sector 00 2005-03-15 Introduced in House 2005-03-31T22:46:18Z Responsible Lending Act - Mortgage Lending Improvements and Uniform National Standards Act - Amends the Truth in Lending Act to define higher-cost mortgage.

Sets forth related provisions with respect to: (1) requirements for higher-cost mortgages; (2) dispute and error resolution; (3) damages, rescission and liability; (4) State law coordination; (5) State enforcement authority; (6) prepayment penalties and late charges; and (7) consumer counseling.

Expanding Housing Opportunities Through Education and Counseling Act - Amends the Department of Housing and Urban Development Act to establish, in the Office of the Secretary of Housing and Urban Development (HUD), the Office of Housing Counseling. Directs the Office to carry out HUD homeownership and rental counseling functions, including related research, grant administration, public outreach, and development of policy and performance measures.

Amends the Housing and Urban Development Act of 1968 to direct the Secretary to: (1) establish homeownership and rental counseling procedures, and a related a toll-free telephone number and World Wide Web site; (2) certify computer software programs for consumer evaluation of residential mortgage loans; (3) establish a housing counseling multimedia outreach program for vulnerable populations; (4) assist States, local government, and non-profit organizations with consumer education programs about mortgage, refinancing, home equity, or home repair loans; and (5) make grants for State, local government, and nonprofit organization housing counseling assistance.

Requires organizations to use HUD-certified counselors in order to qualify for specified HUD assistance.

Amends the Real Estate Settlement Procedures Act of 1974 to: (1) revise the mortgage information booklet; (2) set forth prohibitions on a servicer of a federally related mortgage; and (3) prohibit a creditor from providing a higher-cost mortgage to any consumer without first obtaining a written appraisal of the property.

Amends the Truth in Lending Act to require a creditor in certain transactions secured by a residence to establish an escrow or impound account for taxes and hazard insurance payments.

Directs: (1) the Secretary to conduct studies of mortgage servicing fraud, and home loan default and foreclosures; and (2) the Government Accountability Office (GAO) to conduct an appraisal process study.

Directs the Secretary to establish: (1) a national mortgage broker database; and (2) Federal mortgage broker requirements. Sets forth uniform State mortgage broker law guidelines, and states that Federal requirements shall apply to those States that have not enacted uniform laws.

Sets forth liability provisions for intentional unlawful disclosures, with a good faith exception.

]]> Responsible Lending Act Short Titles as Introduced Responsible Lending Act Short Titles as Introduced for portions of this bill Expanding Housing Opportunities Through Education and Counseling Act Short Titles as Introduced for portions of this bill Mortgage Lending Improvements and Uniform National Standards Act Display Title Responsible Lending Act Official Title as Introduced To protect consumers against unfair and deceptive practices in connection with higher cost mortgage transactions, to strengthen the civil remedies available to consumers under existing law, to provide for certain uniform lending standards, to improve housing counseling, to better mortgage servicing, to enhance appraisal standards and oversight, to establish licensing and minimum standards for mortgage brokers, and for other purposes. Introduced in House 2005-03-15T05:00:00Z 2005-06-27 Sponsor introductory remarks on measure. (CR H5182) text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.