CREDIT related term(s) Consumers
Amendments
Dept. of Veterans Affairs: make permanent the Native American Veteran Housing Loan Program (S. 714), S11791 [5NO], S12488 [10NO]
Real estate: extend FHA mortgage insurance program coverage to home equity conversion mortgages for elderly homeowners (S. 562), H7306 [16SE]
Truth in Lending Act: require notice of cancellation rights relative to private mortgage insurance (H.R. 607), S12619, S12681 [13NO]
Analyses
Hope and Opportunity for Postsecondary Education Act (S. 559), S3052-S3056 [10AP]
Housing Programs Extension Act (S. 562), H7307 [16SE]
Native American Veteran Housing Loan Program Extension (S. 1027), S7711 [17JY]
Responsible Borrower Protection Bankruptcy Act (H.R. 2500), E1801 [18SE]
Veterans' Housing Loan Improvements Act (S. 986), S6909 [7JY]
Articles and editorials
Dropping the Ball in Juggling Loans—A Lot of Fumbles by E.D.S. in Processing Student Debt, S11535 [31OC]
Education Department Suspends Program for Restructuring Student Loans, S10808 [9OC]
Bills and resolutions
Agriculture: repeal peanut quotas and reduce peanut loan rates (see H.R. 1864), H3720 [11JN]
Bankruptcy: consumer protection (see S. 1301), S10882 [21OC]
———limit the value of real and personal property that debtors may exempt under State and local law (see S. 530), S2900 [9AP]
———reform system to become a needs-based system (see H.R. 2500), H7599 [18SE]
Business and industry: end credit card possession requirements (see H.R. 2599), H8299 [1OC]
Colleges and universities: participation in Pell Grant Program relative to Federal Stafford Loan Program default rate (see H.R. 1307), H1439 [10AP]
Construction industries: prohibit discrimination relative to surety bonding requirements (see H.R. 2554), H7910 [25SE]
Consumers: prevent credit card issuers from advertising and offering one type of credit card and then issuing another type (see H.R. 2662), H8832 [9OC]
———prohibit distribution of negotiable checks or instruments relative to consumer solicitations (see S. 1163; H.R. 2053), S9197 [11SE], H4646 [25JN]
———protection from unreasonable credit card fees or interest rates (see H.R. 1975), H4085 [19JN]
———require additional disclosures of the terms of rental-purchase agreements (see H.R. 2019, 3060), H4338 [24JN], H10954 [13NO]
———require notice before changing the interest rate applicable on any credit card account or before changing the index used to determine such rate (see H.R. 3066), H10954 [13NO]
Credit cards: require additional disclosures of account information (see H.R. 274), H148 [9JA]
Crime: identity fraud (see S. 512), S2741 [21MR]
———require forfeiture of counterfeit access devices (see S. 1148), S8823 [4SE]
Depository institutions: availability of credit in disaster areas (see S. 652), S3727 [25AP]
Dept. of Defense: repayment of student loans by students called to active duty (see S. 1534; H.R. 877), S12575 [13NO], H700 [27FE]
Dept. of Transportation: make direct loans and provide lines of credit to finance surface transportation projects (see H.R. 2330), H6703 [31JY]
Dept. of Veterans Affairs: extend the Native American Veteran Housing Loan Program (see S. 1027), S7710 [17JY]
———make permanent the Native American Veteran Housing Loan Program (see S. 714; H.R. 2317), S4106 [7MY], H6703 [31JY]
———offer loan guaranteed by an adjustable rate mortgage (see H.R. 1007), H887 [11MR]
Education: adjust needs analysis to protect more of a student's earnings when determining need for financial aid (see S. 426), S2206 [12MR]
———allow consolidation of direct student loans (see S. 1294; H.R. 2535), S10787 [9OC], H7830 [24SE]
———exempt certain lenders from audit requirements of student loan programs (see H.R. 529), H283 [4FE]
———extend and make uniform student loan repayment plans (see H.R. 2391), H6797 [3SE]
———improve student financial aid programs (see H.R. 2536), H7830 [24SE]
———student financial aid programs (see S. 559, 560), S3011 [10AP]
———student loan reform (see S. 680), S3901 [1MY]
Fair Debt Collection Practices Act: improve administration (see H.R. 837), H668 [26FE]
———reduce the cost of credit (see H.R. 1059), H1017 [13MR]
Federal Home Loan Bank System: reform (see H.R. 31), H67 [7JA], H139 [9JA]
Federal Home Loan Banks: authorize and expand community development activities and grants (see H.R. 1555), H2444 [8MY]
Financial institutions: clarify consumer liability for unauthorized transactions involving debit cards (see S. 1154, 1203; H.R. 2234, 2319), S9018 [9SE], S9785 [23SE], H5664 [23JY], H6703 [31JY]
———increase competition in the financial services sector (see S. 298), S1226 [11FE]
———require Federal banking agencies to notify Congress prior to implementation of new accounting standards for derivatives (see S. 1560), S12575 [13NO]
———strengthen and clarify enforcement of fair lending laws relative to redlining and credit allocation (see H.R. 229), H146 [9JA]
Higher Education Act: allow certain small, nonprofit, banks to exceed 50 percent student loan ratio (see S. 1036), S7710 [17JY]
———allow certain small, nonprofit banks to exceed 50 percent student loan ratio (see H.R. 2311), H6406 [30JY]
Housing: provide for private servicing of rural housing loans (see H.R. 460), H243 [21JA]
Jump$tart Coalition for Personal Financial Literacy: tribute to personal financial education programs (see S. Res. 88; H. Res. 158), S4879 [21MY], H3203 [22MY]
OPIC: authority to issue insurance and extend financing (see S. 1032), S7710 [17JY]
Public works: provide for tax-exempt financing of private sector highway infrastructure construction (see S. 275), S1017 [5FE]
Real estate: extend FHA mortgage insurance program coverage to home equity conversion mortgages for elderly homeowners (see S. 562), S3348 [17AP]
———extend FHA mortgage insurance program coverage to home equity conversion mortgages for elderly homeowners (S. 562), Senate amendment (see H. Res. 329), H10955 [13NO]
———prohibit charging of excessive fees relative to home equity conversion mortgages for elderly homeowners (see H.R. 1474), H1988 [29AP]
———prohibit funding of excessive costs to obtain home equity conversion mortgages (see H.R. 1297), H1438 [10AP]
San Diego County, CA: provide loan guarantee to Olivenhain Water Storage Project (see H.R. 134), H143 [9JA]
SBA: establish commission to examine small business credit needs (see H. Con. Res. 85), H3169 [21MY]
———extend certified development company loan guarantee program (see H.R. 1734), H3202 [22MY]
Taxation: permit loans from individual retirement accounts for housing, education, and medical emergencies (see H.R. 1123), H1186 [19MR]
———treatment of employer-provided and graduate level educational assistance and interest on education loans (see H.R. 1632), H2783 [15MY]
———treatment of interest on student loans (see S. 573; H.R. 1465), S3199 [15AP], H1908 [28AP]
———treatment of loans under the Rural Electrification Act (see H.R. 1441), H1890 [24AP]
———treatment of student loans (see H.R. 724), H523 [12FE]
Transportation: establish surface transportation infrastructure credit assistance program (see S. 963), S6358 [25JN]
Truth in Lending Act: require notice of cancellation rights relative to private mortgage insurance (see S. 318; H.R. 607), S1300 [12FE], H347 [5FE]
———simplify credit card payments to governments relative to transaction fees paid to credit card companies (see H.R. 883), H700 [27FE]
Veterans: extend Dept. of Veterans Affairs authority to enter into enhanced-use leases for certain property and rename Court of Veterans Appeals and National Cemetery System (see H.R. 1092), H1111 [18MR]
———improve housing loan programs (see S. 986), S6907 [7JY]
Cost Estimates
Homeowners Protection Act (S. 318): CBO, S11789 [5NO]
Descriptions
Transportation Infrastructure Finance and Innovation Act (S. 963), S6369 [25JN]
Factsheets
Jump$tart Coalition for Personal Financial Literacy (H. Res. 158), E1024-E1026 [22MY]
Letters
Availability of credit in disaster areas: Alan Greenspan, FRS, S3942 [5MY]
———John D. Hawke, Jr., Dept. of the Treasury, S3942 [5MY]
———Norman E. D'Amours, National Credit Union Administration, S3988 [6MY]
———Ricki Helfer, FDIC, S3942 [5MY]
Emergency Student Loan Consolidation Act: Stanley O. Ikenberry, American Council on Education, S11535 [31OC]
Hope and Opportunity for Postsecondary Education Act: Richard W. Riley, Sec. of Education and Robert Rubin, Sec. of the Treasury, S3051 [10AP]
Veterans' Housing Loan Improvements Act: Jesse Brown, Dept. of Veterans Affairs, S6910 [7JY]
Proposals
Credit Union Growth and Improvement Act, E2299 [10NO]
Rural Housing Loan Servicing Privatization Act, E39 [7JA]
Remarks in House
Bankruptcy: reform system to become a needs-based system (H.R. 2500), E1800 [18SE], E1824 [23SE]
Colleges and universities: participation in Pell Grant Program relative to Federal Stafford Loan Program default rate (H.R. 1307), E624 [10AP]
Construction industries: prohibit discrimination relative to surety bonding requirements (H.R. 2554), E1863 [25SE]
Consumers: effect of credit card debt on economy, H7736 [24SE]
Dept. of Agriculture: improve collection of outstanding loans, H5723 [24JY]
———reduce loan rate for peanut quotas, H5708-H5714 [24JY]
Dept. of Transportation: make direct loans and provide lines of credit to finance surface transportation projects (H.R. 2330), E1617 [1AU]
Dept. of Veterans Affairs: make permanent the Native American Veteran Housing Loan Program (H.R. 2317), E2380 [13NO]
Education: allow consolidation of direct student loans (H.R. 2535), H8845-H8850 [21OC], H9065 [23OC], E1836 [24SE], E1856 [25SE], E2114 [29OC]
———exempt certain lenders from audit requirements of student loan programs (H.R. 529), E141 [4FE]
———improve student financial aid programs (H.R. 2536), E1834 [24SE], E1852 [25SE]
———student financial aid programs, H598 [25FE], H2060-H2063, H2065, H2066 [30AP]
———student loan programs, H2083 [30AP], H3166, H3167 [21MY], H8058 [29SE], H9493 [23OC]
———tribute to TRIO programs, E254 [13FE]
Federal Family Education Loan Program: financial institutions' performance of audits on their student loan portfolios, H7083 [9SE]
Federal Home Loan Bank System: reform (H.R. 31), E65 [7JA]
Financial institutions: credit union growth and improvement, E2295, E2299 [10NO]
———strengthen and clarify enforcement of fair lending laws relative to redlining and credit allocation (H.R. 229), E72 [7JA]
Housing: provide for private servicing of rural housing loans, E39 [7JA]
Jump$tart Coalition for Personal Financial Literacy: tribute to personal financial education programs (H. Res. 158), E1024 [22MY]
OPIC: credit and insurance programs administration funding, H5928 [29JY]
———treatment of Bucheit International (business) relative to dealings in Gaza Strip, H6359 [30JY]
Real estate: extend FHA mortgage insurance program coverage to home equity conversion mortgages for elderly homeowners (S. 562), H7302-H7309 [16SE]
———extend FHA mortgage insurance program coverage to home equity conversion mortgages for elderly homeowners (S. 562), Senate amendment (H. Res. 329), H10884-H10886 [13NO]
———prohibit charging of excessive fees relative to home equity conversion mortgages for elderly homeowners (H.R. 1474), E785 [29AP]
SBA: extend certified development company loan guarantee program (H.R. 1734), E1047 [22MY]
———loan guarantee programs, E1004 [21MY]
Taxation: treatment of employer-provided and graduate level educational assistance and interest on education loans, H6658 [31JY]
Truth in Lending Act: require notice of cancellation rights relative to private mortgage insurance (H.R. 607), H1557-H1566 [16AP], E699 [17AP]
———simplify credit card payments to governments relative to transaction fees paid to credit card companies (H.R. 883), E351 [27FE]
Veterans: extend Dept. of Veterans Affairs authority to enter into enhanced-use leases for certain property and rename Court of Veterans Appeals and National Cemetery System (H.R. 1092), H1568-H1571 [16AP]
Remarks in Senate
Bankruptcy: consumer protection (S. 1301), S10884-S10891 [21OC]
———limit the value of real and personal property that debtors may exempt under State and local law (S. 530), S2903 [9AP]
Consumers: prohibit distribution of negotiable checks or instruments relative to consumer solicitations (S. 1163), S9198 [11SE]
Crime: identity fraud (S. 512), S2741 [21MR]
———require forfeiture of counterfeit access devices (S. 1148), S8827 [4SE]
Depository institutions: availability of credit in disaster areas, S3941-S3945 [5MY], S3988, S3989 [6MY], S4093, S4094 [7MY]
———availability of credit in disaster areas (S. 652), S3727-S3729 [25AP]
Dept. of Defense: repayment of student loans by students called to active duty (S. 1534), S12592 [13NO]
———transfer of funds to the Dept. of Education to use for student financial aid programs, S6968, S6969 [8JY]
Dept. of Veterans Affairs: extend the Native American Veteran Housing Loan Program (S. 1027), S7710 [17JY]
———make permanent the Native American Veteran Housing Loan Program (S. 714), S4114 [7MY], S11790 [5NO], S12488-S12495 [10NO]
Education: adjust needs analysis to protect more of a student's earnings when determining need for financial aid (S. 426), S2206 [12MR]
———allow consolidation of direct student loans (S. 1294), S10807, S10808 [9OC], S11534 [31OC]
———student financial aid programs, S4977-S4980 [22MY]
———student financial aid programs (S. 559), S3035-S3057 [10AP]
———student financial aid programs (S. 560), S3035 [10AP]
———student loan forgiveness relative to community service careers, S6471 [26JN]
———student loan programs, S4860 [21MY], S5033, S5034, S5035 [23MY], S6306-S6308 [25JN]
Financial institutions: clarify consumer liability for unauthorized transactions involving debit cards (S. 1203), S9786, S9788 [23SE]
———increase competition in the financial services sector (S. 298), S1226-S1228, S1231 [11FE]
———require Federal banking agencies to notify Congress prior to implementation of new accounting standards for derivatives (S. 1560), S12604 [13NO]
Higher Education Act: allow certain small, nonprofit, banks to exceed 50 percent student loan ratio (S. 1036), S7718 [17JY]
Jump$tart Coalition for Personal Financial Literacy: tribute to personal financial education programs (S. Res. 88), S4899 [21MY]
OPIC: credit and insurance programs administration funding, S7547-S7549, S7577, S7578 [16JY]
Public works: provide for tax-exempt financing of private sector highway infrastructure construction (S. 275), S1025 [5FE]
Real estate: extend FHA mortgage insurance program coverage to home equity conversion mortgages for elderly homeowners (S. 562), S3057 [10AP], S3712-S3717, S3721 [25AP], S3808 [29AP]
———extend FHA mortgage insurance program coverage to home equity conversion mortgages for elderly homeowners (S. 562), unanimous-consent agreement, S3697 [24AP]
Rural areas: credit opportunities for nonagricultural businesses, S7023 [8JY]
Taxation: treatment of interest on student loans (S. 573), S3199-S3201 [15AP], S3299 [16AP], S3463 [22AP]
Transportation: establish surface transportation infrastructure credit assistance program (S. 963), S6366-S6372 [25JN]
Truth in Lending Act: require notice of cancellation rights relative to private mortgage insurance (H.R. 607), S12681 [13NO]
———require notice of cancellation rights relative to private mortgage insurance (S. 318), S1315 [12FE], S1683 [26FE], S2514 [19MR], S11789 [5NO]
Veterans: improve housing loan programs (S. 986), S6908 [7JY]
Reports filed
Emergency Student Loan Consolidation Act: Committee on Education and the Workforce (House) (H.R. 2535) (H. Rept. 105-322), H8927 [21OC]
———Committee on Labor and Human Resources (Senate) (S. 1294) (S. Rept. 105-122), S11341 [29OC]
Homeowners Insurance Protection Act: Committee on Banking and Financial Services (House) (H.R. 607) (H. Rept. 105-55), H1610 [16AP]
Homeowners Protection Act: Committee on Banking, Housing, and Urban Affairs (Senate) (S. 318) (S. Rept. 105-129), S11544 [31OC]
Make the Native American Veteran Housing Loan Program of the Dept. of Veterans Affairs Permanent: Committee on Veterans' Affairs (Senate) (S. 714) (S. Rept. 105-123), S11446 [30OC]
Olivenhain Water Storage Project Loan Guarantees: Committee on Resources (House) (H.R. 134) (H. Rept. 105-327), H8927 [21OC]
OPIC Authority To Issue Insurance and Extend Financing: Committee on Foreign Relations (Senate) (S. 1032), S7708 [17JY]
Statements
Higher Education Student Financial Aid Programs: Curtis White, E1243 [18JN]
———Evan Pappas, E1243 [18JN]
———Jessa Black, E1243 [18JN]
Student Financial Aid Programs: Mark Olson, E1126 [5JN]
Truth Behind Private Mortgage Insurance: Representative Hansen, H1560 [16AP]
Summaries
Availability of Credit in Disaster Areas, S3941 [5MY]
Certified Development Company Enhancement and Improvement Act (H.R. 1734), E1047 [22MY]
Depository Institution Disaster Relief Act (S. 652), S3728 [25AP]
Increase Competition in the Financial Services Sector (S. 298), S1228-S1231 [11FE]
Texts of
H. Res. 158, tribute to Jump$tart Coalition for Personal Financial Literacy personal financial education programs, E1024 [22MY]
H. Res. 329, Senate amendment to S. 652, Senior Citizen Home Equity Protection Act, H10884 [13NO]
H.R. 607, Homeowners Insurance Protection Act, H1557 [16AP]
H.R. 1092, Dept. of Veterans Affairs authority to enter into enhanced-use leases for certain property and rename Court of Veterans Appeals and National Cemetery System, H1568-H1570 [16AP]
H.R. 2535, Emergency Student Loan Consolidation Act, H8845 [21OC]
S. 318, Homeowners Protection Act, S1316 [12FE]
S. 530, Bankruptcy Abuse Reform Act, S2904 [9AP]
S. 559, Hope and Opportunity for Postsecondary Education Act, S3035-S3051 [10AP]
S. 562, Housing Programs Extension Act, H7302-H7304 [16SE]
S. 562, Senior Citizen Home Equity Protection Act, S3057 [10AP], S3714 [25AP], S12457-S12460 [10NO]
S. 714, make permanent the Native American Veteran Housing Loan Program, S11791 [5NO]
S. 714, make permanent the Native American Veteran Housing Loan Program of the Dept. of Veterans Affairs, S4114 [7MY]
S. 963, Transportation Infrastructure Finance and Innovation Act, S6367-S6369 [25JN]
S. 986, Veterans' Housing Loan Improvements Act, S6908 [7JY]
S. 1027, Native American Veteran Housing Loan Program extension, S7711 [17JY]
S. 1148, require forfeiture of counterfeit access devices, S8827 [4SE]
S. 1203, Debit Card Consumer Protection Act, S9787 [23SE]
S. 1301, Consumer Bankruptcy Reform Act, S10885-S10890 [21OC]
S. 1534, repayment of student loans by students called to active military duty, S12592 [13NO]
S. Res. 88, tribute to Jump$tart Coalition for Personal Financial Literacy personal financial education programs, S4898 [21MY]