TRUTH IN LENDING ACT

Bills and resolutions

Colleges and universities: require private educational lenders to obtain certain certifications from institutions of higher education (see S. 2280), S2243 [29MR] (see H.R. 6273), H5704 [2AU]

Credit: address certain issues relative to the extension of consumer credit (see S. 3426), S5304 [24JY] (see H.R. 6483), H6273 [21SE]

——— establish a national consumer credit usury rate (see S. 3452), S5487 [26JY]

——— establish clear regulatory standards for mortgage servicers (see H.R. 3789), H77 [18JA]

——— improve definitions of points and fees in connection with a mortgage transaction (see H.R. 4323), H1804 [29MR]

——— provide exception from definition of loan originator for certain loans made relative to manufactured homes and amend Truth in Lending Act to modify definition of high-cost mortgage (see S. 3484), S5977 [2AU] (see H.R. 3849), H218 [31JA]

——— require servicers to provide responses to mortgagors requesting residential mortgage loan refinancing (see S. 3177), S3174 [15MY]

Credit cards: establish a national usury rate for consumer accounts under open end consumer credit plans (see H.R. 4084), H943 [17FE]

Financial institutions: establish fair and transparent practices related to marketing and provision of overdraft coverage programs at depository institutions (see H.R. 5691), H2566 [9MY]

——— exempt community banks from certain escrow requirements (see S. 2278), S2243 [29MR]

Mortgages: add a rule of construction relative to certain payments to an employee of a mortgage originator (see H.R. 4076), H943 [17FE]

——— improve certain provisions relative to the compensation of mortgage originators (see H.R. 4163), H1272 [7MR]

Remarks in House

Colleges and universities: require private educational lenders to obtain certain certifications from institutions of higher education, H5531 [1AU]

Financial institutions: establish fair and transparent practices related to marketing and provision of overdraft coverage programs at depository institutions (H.R. 5691), E752 [9MY]

Remarks in Senate

Colleges and universities: require private educational lenders to obtain certain certifications from institutions of higher education (S. 2280), S2254 [29MR], S5709 [31JY]

Credit: address certain issues relative to the extension of consumer credit (S. 3426), S5490 [26JY]

——— establish a national consumer credit usury rate (S. 3452), S5489 [26JY]

——— require servicers to provide responses to mortgagors requesting residential mortgage loan refinancing (S. 3177), S3463 [23MY]

Texts of

S. 2280, Know Before You Owe Private Student Loan Act, S2255 [29MR]

S. 3452, Protecting Consumers From Unreasonable Credit Rates Act, S5490 [26JY]