3.0.0 3725 2023-01-11T20:24:57Z 2023-01-11T20:24:57Z House H HR 2007-10-02 110 hsba00 Financial Services Committee House Standing Referred to 2007-10-02T13:03:40Z 2007-10-02 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2007-10-02 Introduced in House IntroReferral Intro-H 9 Library of Congress 2007-10-02 Introduced in House IntroReferral 1000 9 Library of Congress G000553 Rep. Green, Al [D-TX-9] Al Green D TX 9 N M001156 Rep. McHenry, Patrick T. [R-NC-10] Patrick McHenry R NC 10 2007-10-02 True G000548 Rep. Garrett, Scott [R-NJ-5] Scott Garrett R NJ 5 2007-10-16 False C001064 Rep. Campbell, John [R-CA-48] John Campbell R CA 48 2007-10-23 False F000447 Rep. Feeney, Tom [R-FL-24] Tom Feeney R FL 24 2007-10-23 False Housing and Community Development Administrative procedure Commerce Consumer education Debtor and creditor Department of Housing and Urban Development Fees Finance and Financial Sector Government Operations and Politics Government paperwork Housing finance Law Mortgage banks Mortgage interest rates Mortgages Settlement costs Housing and Community Development 00 2007-10-02 Introduced in House 2008-01-23T19:26:00Z Mortgage Disclosure Simplification Act of 2007 - Amends the Real Estate Settlement Procedures Act of 1974 to instruct the Secretary of Housing and Urban Development to develop and prescribe standard written forms stating the essential terms of a federally related mortgage loan, which lenders or mortgage brokers shall provide to prospective mortgagors.

Requires such disclosures to include: (1) a statement of terms regarding a federally related mortgage loan; and (2) a statement of basic easy-to-understand definitions or explanations of such terms.

]]> Mortgage Disclosure Simplification Act of 2007 Official Title as Introduced To amend the Real Estate Settlement Procedures Act of 1974 to require the submission to each borrower under a federally related mortgage loan of a one-page description of the essential terms of the loan. Introduced in House IH Display Title Mortgage Disclosure Simplification Act of 2007 Short Titles as Introduced Mortgage Disclosure Simplification Act of 2007 Introduced in House 2007-10-02T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr3725ih/xml/BILLS-110hr3725ih.xml 2007-10-02 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.