3.0.0 3106 2023-01-11T13:16:13Z 2023-01-11T13:16:13Z Senate S S 2010-03-11 111 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2010-03-11T15:35:03Z 111 4400 HR 2009-12-16 Referred to the House Committee on Financial Services. Related bill CRS 2010-03-11 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2010-03-11 Introduced in Senate IntroReferral 10000 9 Library of Congress H001049 Sen. Hagan, Kay R. [D-NC] Kay Hagan D NC R. N B001135 Sen. Burr, Richard [R-NC] Richard Burr R NC Mauze 2010-03-11 True I000055 Sen. Isakson, Johnny [R-GA] Johnny Isakson R GA 2010-03-11 True M001176 Sen. Merkley, Jeff [D-OR] Jeff Merkley D OR 2010-03-11 True C000286 Sen. Chambliss, Saxby [R-GA] SAXBY CHAMBLISS R GA 2010-03-11 True B000468 Sen. Bingaman, Jeff [D-NM] JESSE BINGAMAN D NM FRANCIS 2010-04-14 False K000367 Sen. Klobuchar, Amy [D-MN] Amy Klobuchar D MN 2010-04-14 False B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH 2010-04-19 False J000291 Sen. Johanns, Mike [R-NE] Mike Johanns R NE 2010-04-26 False F000457 Sen. Franken, Al [D-MN] Al Franken D MN 2010-05-19 False Housing and Community Development Housing finance and home ownership Housing for the elderly and disabled Interest, dividends, interest rates Licensing and registrations Low- and moderate-income housing Social work, volunteer service, charitable organizations Tax-exempt organizations Housing and Community Development

00 2010-03-11 Introduced in Senate 2010-03-17T16:21:54Z Nonprofit Mortgage Licensing Clarification Act of 2010 - Amends the S.A.F.E. Mortgage Licensing Act of 2008 to permit a state to exempt from certain registration or licensing requirements any charitable organization exempt from federal tax (including their employees and agents acting as loan originators), if the organization: (1) executes loan originations in order to promote or facilitate homeownership for certain low-income, disabled, or other disadvantaged persons or families; (2) offers loans at interest rates lower than the bank prime loan rate, or that are no-interest loans or loans with interest rates significantly below those for loans to purchase generally available single-family housing; and (3) does not otherwise engage in the business of a loan originator or mortgage broker.

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Display Title Official Title as Introduced Introduced in Senate IS Short Titles as Introduced Introduced in Senate 2010-03-11T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s3106is/xml/BILLS-111s3106is.xml 2010-03-11 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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.