3.0.0 1295 2019-11-15T21:35:25Z 2019-11-15T21:35:25Z House H HR 2009-03-04 111 hsju00 Judiciary Committee House Standing hsju08 Crime and Federal Government Surveillance Subcommittee Referred to 2009-08-19T15:58:20Z Referred to 2009-03-04T15:02:44Z hswm00 Ways and Means Committee House Standing Referred to 2009-03-04T15:02:43Z hsba00 Financial Services Committee House Standing Referred to 2009-03-04T15:02:42Z 2009-08-19 hsju08 Crime and Federal Government Surveillance Subcommittee 1 House committee actions Referred to the Subcommittee on Crime, Terrorism, and Homeland Security. Committee 2009-03-04 Referred to House Judiciary IntroReferral H11100 2 House floor actions hsju00 Judiciary Committee 2009-03-04 Referred to House Ways and Means IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2009-03-04 Referred to the Committee on Financial Services, and in addition to the Committees on Ways and Means, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2009-03-04 Referred to House Financial Services IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2009-03-04 Introduced in House IntroReferral Intro-H 9 Library of Congress 2009-03-04 Introduced in House IntroReferral 1000 9 Library of Congress B001232 Rep. Biggert, Judy [R-IL-13] JUDY BIGGERT R IL 13 N B000013 Rep. Bachus, Spencer [R-AL-6] SPENCER BACHUS R AL 6 2009-03-04 True N000182 Rep. Neugebauer, Randy [R-TX-19] Randy Neugebauer R TX 19 2009-03-04 True C001047 Rep. Capito, Shelley Moore [R-WV-2] Shelley Capito R WV Moore 2 2009-03-04 True B001247 Rep. Brown-Waite, Ginny [R-FL-5] Ginny Brown-Waite R FL 5 2009-03-04 True R000572 Rep. Rogers, Mike J. [R-MI-8] Mike Rogers R MI 8 2009-03-04 True J000255 Rep. Jones, Walter B., Jr. [R-NC-3] WALTER JONES R NC B. 3 2009-03-04 True S000364 Rep. Shimkus, John [R-IL-19] JOHN SHIMKUS R IL M. 19 2009-03-04 True R000583 Rep. Rooney, Thomas J. [R-FL-16] Thomas Rooney R FL J. 16 2009-03-04 True S000250 Rep. Sessions, Pete [R-TX-32] PETE SESSIONS R TX 32 2009-03-04 True T000463 Rep. Turner, Michael R. [R-OH-3] Michael Turner R OH R. 3 2009-03-04 True S000583 Rep. Smith, Lamar [R-TX-21] LAMAR SMITH R TX 21 2009-03-04 True P000594 Rep. Paulsen, Erik [R-MN-3] Erik Paulsen R MN 3 2009-03-04 True B001228 Rep. Bono Mack, Mary [R-CA-45] MARY BONO MACK R CA 45 2009-03-04 True L000567 Rep. Lance, Leonard [R-NJ-7] Leonard Lance R NJ 7 2009-03-04 True B000461 Rep. Bilbray, Brian P. [R-CA-50] BRIAN BILBRAY R CA P. 50 2009-03-04 True R000578 Rep. Reichert, David G. [R-WA-8] David Reichert R WA G. 8 2009-03-04 True C000243 Rep. Castle, Michael N. [R-DE-At Large] MICHAEL CASTLE R DE N. 0 2009-03-04 True M001157 Rep. McCaul, Michael T. [R-TX-10] Michael McCaul R TX T. 10 2009-03-04 True J000285 Rep. Johnson, Timothy V. [R-IL-15] TIMOTHY JOHNSON R IL V. 15 2009-03-04 True M001150 Rep. Miller, Candice S. [R-MI-10] Candice Miller R MI S. 10 2009-03-04 True S001164 Rep. Schmidt, Jean [R-OH-2] Jean Schmidt R OH 2 2009-03-04 True B001235 Rep. Brown, Henry E., Jr. [R-SC-1] HENRY BROWN R SC E. 1 2009-03-05 False D000492 Rep. Dreier, David [R-CA-26] DAVID DREIER R CA 26 2009-03-05 False W000804 Rep. Wittman, Robert J. [R-VA-1] Robert Wittman R VA J. 1 2009-03-05 False H001041 Rep. Heller, Dean [R-NV-2] Dean Heller R NV 2 2009-03-05 False K000360 Rep. Kirk, Mark Steven [R-IL-10] MARK KIRK R IL STEVEN 10 2009-03-05 False L000111 Rep. Latham, Tom [R-IA-4] TOM LATHAM R IA 4 2009-03-05 False L000517 Rep. Lungren, Daniel E. [R-CA-3] DANIEL LUNGREN R CA EDWARD 3 2009-03-06 False M001134 Rep. Myrick, Sue Wilkins [R-NC-9] SUE MYRICK R NC WILKINS 9 2009-03-06 False G000377 Rep. Granger, Kay [R-TX-12] KAY GRANGER R TX 12 2009-03-16 False K000210 Rep. King, Peter T. [R-NY-3] PETER KING R NY T. 3 2009-06-02 False Housing and Community Development Administrative law and regulatory procedures Advisory bodies Bank accounts, deposits, capital Banking and financial institutions regulation Capital gains tax Computers and information technology Contracts and agency Corporate finance and management Criminal investigation, prosecution, interrogation Department of Housing and Urban Development Department of Justice Department of the Treasury Federal Deposit Insurance Corporation (FDIC) Federal Reserve System Federal officials Financial crises and stabilization Financial services and investments Fraud offenses and financial crimes Government corporations and government-sponsored enterprises Government employee pay, benefits, personnel management Government information and archives Government lending and loan guarantees Government studies and investigations Housing finance and home ownership Income tax credits Income tax exclusion Interest, dividends, interest rates Law enforcement administration and funding Law enforcement officers Licensing and registrations Housing and Community Development 00 2009-03-04 Introduced in House 2009-05-13T16:17:41Z Fairness in Housing Recovery Act of 2009 - Shields a servicer from liability for entering into a loan modification or loss mitigation plan for certain mortgages pursuant to guidelines issued by the Secretary of the Treasury under the Emergency Economic Stabilization Act of 2008 (EESA), if such servicer acts consistent with the fiduciary duty of servicers of pooled residential mortgages required by the Truth in Lending Act.

Amends the National Housing Act to replace the Hope for Homeowners Program with a program for insurance of home ownership retention mortgages.

Amends the Department of Housing and Urban Development Act to establish the Office of Housing Counseling

Requires the Secretary of Housing and Urban Development (HUD) to provide financial assistance to governmental entities and nonprofit organizations providing home ownership or rental counseling.

Requires the Secretary to study and report to Congress on the root causes of default and foreclosure of home loans.

Amends the Real Estate Settlement Procedures Act of 1974 to direct the Secretary periodically to prepare a consumer education booklet on real estate settlement practices for federally related mortgage loan applicants.

Amends the National Housing Act to prescribe limitations upon participation in origination and mortgagee approval.

Establishes Commission on the Foreclosure and Mortgage Lending Crisis to study and report to Congress on the current legal and regulatory framework governing the housing mortgage lending markets and how it contributed to the increased foreclosure rate.

Authorizes appropriations to the Attorney General to combat mortgage fraud.

Amends the Federal Deposit Insurance Act (FDIA) and the Federal Credit Union Act (FCUA) to increase the maximum deposit insurance and borrowing authorities of the Federal Deposit Insurance Corporation (FDIC) and the National Credit Union Administration (NCUA).

Amends the FDIA with respect to systemic risk special assessments.

Amends the FCUA to direct the NCUA Board to establish a National Credit Union Share Insurance Fund restoration plan in specified circumstances.

Amends the EESA to prohibit the Secretary of the Treasury from making any purchase for which the Secretary receives control-diluting stock.

Declares that for a taxpayer who holds an interest in a subsidized residence: (1) the exclusion of gain from sale of principal residence under the Internal Revenue Code shall not apply to any gain from the sale or exchange of such interest, and (2) a specified rate of tax on specified gain shall be twice the rate which would otherwise apply.

Amends the Internal Revenue Code to allow a refundable general home buyer credit for residences purchased during 2009 or 2010.

Prescribes general conditions for mortgage relief.

]]> Fairness in Housing Recovery Act of 2009 Short Titles as Introduced Fairness in Housing Recovery Act of 2009 Display Title Fairness in Housing Recovery Act of 2009 Official Title as Introduced To mitigate mortgage foreclosures, facilitate and include fairness in housing recovery, and combat mortgage fraud, and for other purposes. Introduced in House 2009-03-04T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr1295ih/xml/BILLS-111hr1295ih.xml 2009-08-19 Referred to the Subcommittee on Crime, Terrorism, and Homeland Security. 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.