3.0.0 1315 2023-01-11T13:37:38Z 2023-01-11T13:37:38Z Senate S 2017-06-08 115 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2017-06-08T15:45:41Z 2017-06-08 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2017-06-08 Introduced in Senate IntroReferral 10000 9 Library of Congress H001069 Sen. Heitkamp, Heidi [D-ND] Heidi Heitkamp D ND N P000449 Sen. Portman, Rob [R-OH] Rob Portman R OH 2017-06-08 True W000805 Sen. Warner, Mark R. [D-VA] Mark Warner D VA R. 2017-06-22 False Finance and Financial Sector Administrative law and regulatory procedures Consumer Financial Protection Bureau Housing finance and home ownership Finance and Financial Sector 00 2017-06-08 Introduced in Senate 2018-05-30T20:08:29Z Relationship Lending Preservation Act of 2017

This bill directs the Consumer Financial Protection Bureau to issue regulations that include as a "qualified mortgage" any mortgage loan that: (1) is extended by a Federal Home Loan Bank member that, together with its affiliates, has less than $10 billion in total consolidated assets; (2) meets specified qualifying criteria under the Truth in Lending Act; and (3) is eligible to be purchased by a Federal Home Loan Bank pursuant to regulations of the Federal Housing Finance Agency and requirements established by the bank. Current law provides certain protections for lenders against lawsuits by distressed borrowers with respect to qualified mortgages.

]]> Relationship Lending Preservation Act of 2017 Display Title Relationship Lending Preservation Act of 2017 Official Title as Introduced A bill to require the Bureau of Consumer Financial Protection to amend its regulations relating to qualified mortgages, and for other purposes. Introduced in Senate IS Short Titles as Introduced Relationship Lending Preservation Act of 2017 Introduced in Senate 2017-06-08T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s1315is/xml/BILLS-115s1315is.xml 2017-06-08 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.