3.0.0 3133 2023-01-11T21:18:47Z 2023-01-11T21:18:47Z House H HR 2007-07-23 110 hsba00 Financial Services Committee House Standing Referred to 2007-07-23T14:31:00Z 2007-07-23 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2007-07-23 Introduced in House IntroReferral Intro-H 9 Library of Congress 2007-07-23 Introduced in House IntroReferral 1000 9 Library of Congress S001157 Rep. Scott, David [D-GA-13] David Scott D GA 13 N S001144 Rep. Shays, Christopher [R-CT-4] CHRISTOPHER SHAYS R CT 4 2007-07-23 True C001067 Rep. Clarke, Yvette D. [D-NY-11] Yvette Clarke D NY D. 11 2007-07-25 False M000087 Rep. Maloney, Carolyn B. [D-NY-14] CAROLYN MALONEY D NY B. 14 2007-07-25 False L000287 Rep. Lewis, John [D-GA-5] JOHN LEWIS D GA 5 2007-08-02 False M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 2007-10-03 False J000126 Rep. Johnson, Eddie Bernice [D-TX-30] EDDIE JOHNSON D TX BERNICE 30 2007-11-15 False M001166 Rep. McNerney, Jerry [D-CA-11] Jerry McNerney D CA 11 2007-12-18 False Housing and Community Development Commerce Congress Congressional reporting requirements Consumer complaints Consumer education Consumer protection Counseling Economics and Public Finance Federal advisory bodies Federal aid to housing Finance and Financial Sector Foreclosure Government Operations and Politics Governmental investigations Home ownership Housing finance Loan defaults Mortgages Nonprofit organizations Science, Technology, Communications Social Welfare Telephone Usury Housing and Community Development 00 2007-07-23 Introduced in House 2007-12-21T20:39:01Z Financial Literacy for Homeowners Act - Authorizes the Secretary of the Treasury to make grants to state and local governments and nonprofit organizations to implement anti-predatory lending activities, including: (1) consumer education programs; (2) certified home ownership counseling programs; and (3) referral services for homeowners and prospective homeowners.

Directs the Secretary provide for establishment, operation, and publication of a nationwide toll-free telephone number to receive consumer complaints regarding predatory and unscrupulous lending practices relating to home loans.

Establishes the Predatory Lending Advisory Council to: (1) advise the Secretary; and (2) study and report to the Secretary and Congress on the root causes of default and foreclosure of home loans.

]]> Financial Literacy for Homeowners Act Official Title as Introduced To authorize the Secretary of the Treasury to make grants to States, units of general local government, and nonprofit organizations for counseling and education programs for the prevention of predatory lending and to establish a toll-free telephone number for complaints regarding predatory lending, and for other purposes. Introduced in House IH Display Title Financial Literacy for Homeowners Act Short Titles as Introduced Financial Literacy for Homeowners Act Introduced in House 2007-07-23T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr3133ih/xml/BILLS-110hr3133ih.xml 2007-07-23 Referred to the House Committee on Financial Services. 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.