3.0.0 514 2022-02-03T06:04:24Z 2022-02-03T06:04:24Z House H HR 2009-01-14 111 hsba00 Financial Services Committee House Standing Referred to 2009-01-14T15:07:00Z 2009-01-14 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2009-01-14 Introduced in House IntroReferral Intro-H 9 Library of Congress 2009-01-14 Introduced in House IntroReferral 1000 9 Library of Congress G000021 Rep. Gallegly, Elton [R-CA-24] ELTON GALLEGLY R CA 24 N Housing and Community Development Administrative law and regulatory procedures Banking and financial institutions regulation Federal Reserve System Housing finance and home ownership Housing and Community Development 00 2009-01-14 Introduced in House 2009-03-17T20:22:48Z Responsible Subprime Lending Act - States that certain revisions added as a final rule by the Board of Governors of the Federal Reserve System (Board) to regulation Z relating to Truth in Lending, shall apply as a matter of law to covered loans for which the creditor receives an application after the end of the 30-day period beginning on the enactment of this Act (except for the final rules on advertising, escrows, and loan servicing).

States that certain final rules on escrows shall be effective for covered loans for which the creditor receives an application on or after October 1, 2009, but for such loans [sic] secured by manufactured housing on or after April 1, 2010.

Directs the Board to issue a final rule as soon as possible without regard to statutory notice and comment procedures to make certain revisions in accordance with the effective dates provided under this Act.

]]> Responsible Subprime Lending Act Short Titles as Introduced Responsible Subprime Lending Act Display Title Responsible Subprime Lending Act Official Title as Introduced To provide that certain amendments made by the Board of Governors of the Federal Reserve System to Regulation Z to prohibit certain unfair, abusive or deceptive home mortgage lending practices and restricts certain other mortgage practice shall take effect as a matter of law and a new effective date, and for other purposes. Introduced in House 2009-01-14T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr514ih/xml/BILLS-111hr514ih.xml 2009-01-14 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.