CREDIT see also Consumers

Addresses

New Non-Resident Ambassadors to the Holy See—Kyrgyzstan, Antigua and Barbuda, Luxeumbourg and Botswana: Pope Francis, S3561 [16MY]

New Rules for Global Finance Coalition: Representative Waters, H6760–H6762 [23OC]

Amendments

Dept. of Education: establish interest rates for new student loans made on or after a certain date (H.R. 1911), S5847 [23JY], S5866, S5867, S5870, S5918, S5919 [24JY], H5214 [31JY]

——— establish interest rates for new student loans made on or after a certain date (H.R. 1911), consideration (H. Res. 232), H2925 [23MY]

Articles and editorials

Gov’t Shutdown Could Leave Single Mom, Kids, Homeless, S7518 [16OC]

No More Welfare for Banks—The FDIC and the Taxpayer Are the Underwriters of Too Much Private Risk Taking, S5669 [11JY]

Bills and resolutions

Armed Forces: allow members to defer principal on Federal student loans for a certain period in connection with orders for mobilization for war or national emergency (see S. 634), S2146 [21MR]

——— enhance protections accorded to servicemembers and their spouses relative to mortgages (see S. 1593), S7574 [28OC]

——— ensure that relocation of an active duty servicemember away from the servicemember’s principal residence does not prevent the refinancing of a mortgage on that residence (see H.R. 1223), H1548 [15MR]

——— extend interest rate limitation on debt entered into during military service to debt incurred during military service to consolidate or refinance student loans incurred before military service (see S. 1399), S6072 [30JY] (see H.R. 2859), H5173 [30JY]

——— improve protections for servicemembers, surviving spouses, and disabled veterans against mortgage foreclosures (see H.R. 1842), H2483 [7MY]

——— require additional disclosures when lending to military members and their dependents (see H.R. 3691), H7627 [10DE]

Bankruptcy: amend laws relative to modification of certain mortgages on principal residences (see H.R. 101), H30 [3JA]

——— make privately issued student loans dischargeable (see S. 114), S214 [23JA] (see H.R. 532), H410 [6FE]

Colleges and universities: establish a mechanism to allow borrowers of private education loans to refinance their loans (see S. 1266), S5499 [27JN]

——— exempt certain State-provided loan programs from being subject to preferred lender arrangement requirements (see H.R. 1529), H1991 [12AP] (see H.R. 3371), H6901 [29OC]

——— require private educational lenders to obtain certain certifications from institutions of higher education (see S. 113), S214 [23JA] (see H.R. 3612), H7354 [21NO]

Consumers: address certain issues relative to the extension of consumer credit (see S. 172), S357 [29JA] (see H.R. 990), H1318 [6MR]

——— clarify Federal law relative to reporting positive and negative consumer credit information to consumer reporting agencies by public utility or telecommunications companies (see S. 1613), S7673 [30OC]

——— clarify Federal law relative to reporting positive consumer credit information to consumer reporting agencies by public utility or telecommunications companies (see H.R. 2538), H4142 [27JN]

——— enhance consumer rights relative to consumer report disputes by requiring provision of documentation provided by consumers (see S. 1538), S6683 [23SE]

——— establish a national usury rate for consumer credit transactions (see S. 673), S2500 [9AP]

——— exclude from consumer credit reports medical debt that had been in collection and has been fully paid or settled (see H.R. 1767), H2390 [26AP]

——— exclude from consumer credit reports medical debt that has been in collection and has been fully paid or settled (see S. 160), S329 [28JA]

——— preclude law firms and licensed attorneys from the definition of a debt collector when taking certain actions (see H.R. 2892), H5260 [31JY]

——— provide for a timetable for verification of medical debt and increase efficiency of credit markets with more perfect information (see H.R. 2211), H2964 [24MY]

——— provide for removal of default information from a borrower’s credit report with respect to certain rehabilitated education loans (see H.R. 2561), H4143 [27JN]

——— require disclosure of terms of rental-purchase agreements (see S. 1208), S4793 [20JN] (see H.R. 1551), H2025 [15AP]

——— require inclusion of credit scores with free annual credit reports provided to consumers (see S. 471), S1229 [6MR] (see H.R. 1002), H1319 [6MR]

Courts: bar debt collectors from bringing legal action on a debt in which the statute of limitations has expired against any consumer (see H.R. 3402), H6952 [30OC]

Credit unions: provide exception from the member business loan cap for loans made to aid in recovery from a disaster (see H.R. 1646), H2158 [18AP]

Dept. of Agriculture: establish a program to provide loans for local farms, ranches, and market gardens to improve public health and nutrition and reduce energy consumption (see S. 678), S2501 [9AP]

——— expand eligibility for Farm Service Agency loans (see H.R. 1297), H1719 [20MR]

Dept. of Defense: develop innovative financial products that encourage savings and wealth-creation among active servicemembers and reduce use of predatory lenders (see S. 1741), S8360 [20NO]

Dept. of Education: add disclosure requirements to the institution of higher education financial aid offer form and make such form mandatory (see S. 1156), S4481 [13JN]

——— allow certain student loan borrowers to refinance current loans (see S. 1066), S3844 [23MY]

——— authorize borrowers of Federal Direct Loan Program loans to modify interest rate to be equal to interest rate at time of modification (see H.R. 3047), H5398 [2AU]

——— clarify the calculation of cohort default rates for proprietary or for-profit institutions relative to forebearance or deferment of student loans (see H.R. 1928), H2568 [9MY]

——— enter into voluntary, flexible agreements with certain guaranty agencies to provide delinquency prevention and default aversion services for Federal Direct Loan Program borrowers (see H.R. 618), H454 [12FE]

——— establish interest rates for new student loans made on or after a certain date (see H.R. 1911), H2567 [9MY]

——— establish interest rates for new student loans made on or after a certain date (H.R. 1911), consideration (see H. Res. 232), H2909 [22MY]

——— establish student loan interest rates (see S. 1334), S5800 [18JY]

——— make Federal student loans more affordable by allowing for adjustable-rate loans, income-based repayment caps, and cap on Federal loan consolidation rate (see S. 1241), S5498 [27JN]

——— make Federal student loans more affordable by allowing for adjustable-rate loans, increasing cap on subsidized loans, and refinancing current fixed-rate loans (see S. 909), S3256 [8MY] (see H.R. 1946), H2568 [9MY]

——— make technical improvements to the Net Price Calculator system to give prospective students a more accurate understanding of the true cost of college (see H.R. 3694), H7687 [11DE]

——— provide for institutional risk sharing in the Federal student loan programs (see S. 1873), S9052 [19DE]

——— provide for loan forgiveness for early childhood educators (see S. 440), S1088 [4MR]

——— provide funds for student loans through the FRS and ensure that such loans are available at interest rates equivalent to that at which the Government provides loans to banks (see S. 897), S3256 [8MY] (see H.R. 1979), H2603 [14MY]

——— restore and extend the grace period before repayment begins on certain loans under the Federal Direct Loan Program (see H.R. 2349), H3590 [13JN]

——— restore fairness in education financing through student loan forgiveness, Federal student loan interest rate caps, and refinancing opportunities for private borrowers (see H.R. 1330), H1822 [21MR]

——— simplify and improve Federal Direct Loan Program through income-contingent repayment to protect borrowers and encourage responsible borrowing (see H.R. 1716), H2298 [24AP]

——— simplify the process for determining the need and eligibility of students for financial assistance (see H.R. 2040), H2717 [16MY]

——— suspend, for a certain period, the use of adverse credit history in determining eligibility for Federal Direct PLUS Loans (see H.R. 2966), H5344 [1AU]

——— use excess revenue generated from the Federal Direct Loan Program to carry out the Federal Pell Grant Program (see H.R. 2880), H5260 [31JY]

——— verify eligibility of certain borrowers on loans submitted to a guaranty agency for default aversion or already in default before such borrowers obtain a consolidation loan (see H.R. 1991), H2653 [15MY]

Dept. of HHS: provide for the participation of optometrists in the National Health Service Corps scholarship and loan repayment programs (see S. 1445), S6207 [1AU] (see H.R. 920), H815 [28FE]

——— provide for the participation of physical therapists in the National Health Service Corps Loan Repayment Program (see S. 602), S1950 [19MR] (see H.R. 1252), H1629 [19MR]

Dept. of HUD: allow investor participation in the National Housing Act loan rehabilitation program (see H.R. 1997), H2654 [15MY]

——— assist in stabilizing the Home Equity Conversion Mortgage program (see S. 469), S1229 [6MR]

——— authorize pilot program to improve asset recovery levels, asset management, and homeownership retention relative to delinquent single-family mortgages insured under FHA mortgage insurance programs (see H.R. 2815), H5050 [24JY]

——— establish additional requirements to improve fiscal safety and soundness of home equity conversion mortgage insurance program (see H.R. 2167), H2953 [23MY]

——— extend pilot program that establishes an automated process for providing alternative credit rating information for mortgagors and prospective mortgagors under certain mortgages (see H.R. 2816), H5050 [24JY]

——— provide for semiannual actuarial studies of FHA mortgage insurance program during periods that the Mutual Mortgage Insurance Fund does not meet minimum capital ratio requirements (see H.R. 264), H169 [15JA]

Dept. of Veterans Affairs: improve and make permanent the loan guarantee for the purchase of residential cooperative housing units (see H.R. 2522), H4078 [26JN]

Disasters: establish National Catastrophic Risk Consortium and a National Homeowners’ Insurance Stabilization Program (see S. 1461), S6207 [1AU]

Discrimination: prohibit creditors from discriminating on account of sexual orientation or gender identity when extending credit (see S. 1159), S4481 [13JN] (see H.R. 2364), H3591 [13JN]

——— prohibit housing and credit decision discrimination on the basis of sexual orientation, gender identity, marital status, or source of income (see S. 1242), S5498 [27JN] (see H.R. 2479), H4037 [25JN]

District of Columbia: eliminate all federally imposed mandates over the local budget process, financial management, and the borrowing of money (see H.R. 345), H222 [22JA]

Economy: stabilize the housing and banking sectors by eliminating policies that distort markets and facilitate risky lending (see H.R. 3550), H7309 [20NO]

Education: enhance entrance counseling and exit counseling for student borrowers (see S. 546), S1785 [13MR]

——— require additional disclosures and protections for students and cosigners relative to student loans (see H.R. 2961), H5343 [1AU]

——— require certain protections for student loan borrowers (see S. 1803), S8668 [11DE]

Employment: prohibit use of consumer credit checks against prospective and current employees for the purpose of making adverse employment decisions (see S. 1837), S8913 [17DE] (see H.R. 645), H500 [13FE]

Fannie Mae and Freddie Mac Investigative Commission: establish (see H.R. 234), H84 [14JA]

FHA: ensure fiscal solvency of mortgage insurance programs (see H.R. 1145), H1396 [13MR]

——— ensure that any authority of the Mutual Mortgage Insurance Fund to borrow amounts from the Treasury is used only to pay mortgage insurance claims (see H.R. 941), H949 [4MR] (see H.R. 1028), H1327 [7MR]

——— improve, and ensure the solvency of the Mutual Mortgage Insurance Fund (see S. 1376), S5969 [25JY]

Financial institutions: encourage institutions to work with their customers affected by the Government shutdown who may be facing short-term financial hardship and long-term damage to their creditworthiness (see H. Con. Res. 60), H6545 [11OC]

——— expand eligibility to the Federal Home Loan Bank System to privately-insured credit unions to facilitate more loan opportunities (see S. 1806), S8771 [12DE]

——— expand the purposes of advances and collateral available to community development financial institutions (see H.R. 3656), H7566 [5DE]

——— limit ability of banks to engage in certain risky activities and conflicts of interest and restore certain provisions of law to separate investment banking from commercial banking (see S. 1282), S5667 [11JY] (see H.R. 3711), H7687 [11DE]

——— permit certain current loans that would otherwise be treated as non-accrual loans as accrual loans for certain purposes (see H.R. 927), H815 [28FE]

——— provide certain credit unions with the authority to make additional member business loans (see H.R. 688), H544 [14FE]

——— provide exception from requirement for annual privacy notices for financial institutions which do not share personal information with affiliates (see S. 635), S2146 [21MR] (see H.R. 749), H594 [15FE]

——— provide protection for consumers who have prepaid cards (see S. 1867), S9051 [19DE]

——— restore certain provisions of law to separate investment banking from commercial banking (see S. 985), S3569 [16MY] (see H.R. 129), H31 [3JA]

Financial literacy: provide grants to promote (see S. 829), S3028 [25AP] (see S. 1532), S6647 [19SE] (see H.R. 2920), H5342 [1AU]

——— provide incentives to encourage financial institutions and small businesses to provide continuing financial education to customers, borrowers, and employees (see H.R. 1538), H1991 [12AP]

Financial Literacy Month: designate (see S. Res. 105), S2897 [23AP]

——— support goals and ideals (see H. Res. 172), H2247 [23AP]

Financial Stability Oversight Council: strengthen review authority of regulations issued by Consumer Financial Protection Bureau (see H.R. 3193), H5883 [26SE]

FRS: establish a grant program in the Consumer Financial Protection Bureau to establish centers of excellence in financial literacy education for young adults and families (see H.R. 891), H814 [28FE]

——— replace the Director of the Consumer Financial Protection Bureau with a 5-person commission (see H.R. 2402), H3687 [17JN] (see H.R. 2446), H3988 [20JN]

——— require Board of Governors to collect, publish, and keep current an objective index of dollar-denominated loan interest rates of various maturities (see H.R. 246), H85 [14JA]

Government regulations: prohibit distribution of checks or other negotiable instruments as part of a creditor solicitation to extend credit and limit consumer liability in conjunction with such solicitations (see S. 187), S400 [30JA]

Government-sponsored enterprises: exercise clean-up call options under securities issued by Fannie Mae or Freddie Mac and prohibit new mortgage-backed securities to contain provisions for such options (see H.R. 3754), H8108 [12DE]

——— provide for repayment of amounts borrowed by Fannie Mae and Freddie Mac from the U.S. (see H.R. 2435), H3927 [19JN]

——— require use of amounts repaid to the Dept. of the Treasury by Fannie Mae and Freddie Mac to reduce the national debt (see H.R. 3340), H6774 [24OC]

Health care professionals: extend authorization for certain health care workforce loan repayment programs (see H.R. 1827), H2436 [6MY]

Housing: enable Federal and State chartered banks and thrifts to meet the credit needs of homebuilders, and provide liquidity and ensure stable credit for meeting the need for new homes (see S. 1002), S3657 [21MY] (see H.R. 1255), H1630 [19MR]

——— ensure housing finance reform by prohibiting an increase in the guarantee fee to offset other spending and the sale of preferred shares of Government-sponsored enterprises (see S. 563), S1853 [14MR] (see H.R. 2348), H3590 [13JN]

——— permanently protect interests of tenants in the case of any foreclosure on any dwelling or residential real property and establish a right of action to enforce compliance with such protections (see S. 1761), S8457 [21NO] (see H.R. 3543), H7309 [20NO]

Internet: create a Federal charter for Internet consumer credit corporations (see H.R. 1566), H2025 [15AP]

Mortgages: allow certain loans that are not fully amortizing to be used in seller carryback financing on residential mortgage loans (see H.R. 245), H85 [14JA]

——— allow homeowners of moderate-value homes who are subject to mortgage foreclosure proceedings to remain in their homes as renters (see H.R. 2580), H4173 [28JN]

——— declare national residential mortgage foreclosure emergency and encourage States to enact a temporary moratorium on foreclosures (see H. Res. 26), H85 [14JA]

——— establish clear regulatory standards for mortgage servicers (see H.R. 2512), H4078 [26JN]

——— establish independent oversight of mortgage servicing companies subjected to enforcement actions for unsafe and unsound practices related to residential mortgage loan servicing and foreclosure processing (see H.R. 1706), H2297 [24AP]

——— establish shared equity appreciation mortgage modification pilot programs (see H.R. 1754), H2351 [25AP]

——— improve definitions of points and fees in connection with a mortgage transaction (see S. 949), S3430 [14MY] (see S. 1577), S7574 [28OC] (see H.R. 1077), H1356 [12MR] (see H.R. 3211), H6011 [28SE]

——— increase access to refinancing for homeowners (see S. 1373), S5968 [25JY]

——— modify the definitions of a mortgage originator and a high-cost mortgage to preserve access to manufactured housing (see S. 1828), S8845 [16DE] (see H.R. 1779), H2391 [26AP]

——— permit a transitional period for completion of requirements for qualified registered mortgage loan originators (see H.R. 2379), H3652 [14JN]

——— prevent foreclosure of home mortgages and increase availability of affordable refinancing of mortgages held by Fannie Mae and Freddie Mac (see H.R. 1712), H2297 [24AP]

——— prohibit Fannie Mae, Freddie Mac, and Ginnie Mae from owning or guaranteeing any mortgage assigned to, or for which, the Mortgage Electronic Registration Systems is the mortgagee of record (see H.R. 189), H51 [4JA]

——— prohibit Federal agencies from guaranteeing, making, or insuring a mortgage secured by a residence in a jurisdiction that has used eminent domain to take a residential mortgage (see H.R. 2733), H4724 [18JY]

——— provide for affordable refinancing of mortgages held by Fannie Mae and Freddie Mac (see S. 249), S519 [7FE] (see H.R. 736), H547 [14FE]

——— provide secondary mortgage reform by establishing the Federal Mortgage Insurance Corp., abolishing the Federal Housing Finance Agency, and phasing out housing Government-sponsored enterprises (see S. 1217), S5149 [25JN]

——— require Fannie Mae and Freddie Mac to disclose minimum price on the short sale of a residence financed by a mortgage purchased by them in order to make short sales a viable alternative to foreclosure (see H.R. 1335), H1822 [21MR]

——— require Federal mortgage agencies to consider energy costs in the underwriting process, reduce home energy consumption, and facilitate creation of energy efficiency retrofit and construction jobs (see S. 1106), S3987 [6JN]

——— require lender or servicer of a home mortgage, upon a request by the homeowner for a short sale, to make a prompt decision whether to allow the sale (see S. 361), S773 [14FE] (see H.R. 839), H659 [26FE]

——— require portion of closing costs to be paid by the enterprises with respect to certain refinanced mortgage loans (see S. 1375), S5968 [25JY] (see H.R. 3031), H5397 [2AU]

——— require the filing of certain information regarding a residential mortgage in any proceeding for mortgage foreclosure (see H.R. 190), H51 [4JA]

——— revoke Fannie Mae and Freddie Mac charters, temporarily create a Mortgage Finance Agency to secure mortgages until the transition to privatization, and protect against another housing collapse (see S. 1048), S3843 [23MY]

National Infrastructure Development Bank: establish (see H.R. 2553), H4142 [27JN]

Pensions: protect Federal and military retirees by expanding Truth in Lending Act disclosure provisions when a Federal or military pension is used as consideration by predatory lenders (see H.R. 3310), H6767 [23OC]

SBA: allow use of physical damage disaster loans for the construction of tornado safe rooms (see S. 1440), S6207 [1AU] (see H.R. 2908), H5341 [1AU]

——— clarify collateral requirement for certain disaster-related loans (see S. 415), S1011 [28FE] (see H.R. 1974), H2602 [14MY]

——— establish and carry out a direct lending program for small business concerns (see H.R. 2451), H3988 [20JN]

——— establish loan guarantee program to assist small business concerns that manufacture clean energy technologies (see H.R. 1138), H1396 [13MR]

——— extend availability of low-interest mortgage refinancing under the local development business loan program (see S. 289), S657 [12FE] (see H.R. 1240), H1567 [18MR]

——— increase limitations on leverage for multiple licenses under common control (see S. 550), S1785 [13MR] (see H.R. 1106), H1394 [13MR]

——— make information relative to lenders making covered loans publicly available (see S. 537), S1710 [12MR]

——— make permanent the Small Loan Advantage program (see H.R. 2461), H3988 [20JN]

——— provide interest rate for certain disaster related loans (see H.R. 2857), H5173 [30JY]

SEC: exempt inter-affiliate swaps from certain regulatory requirements put in place under the Wall Street Reform and Consumer Protection Act (see H.R. 677), H501 [13FE]

Small business: ensure businesses in rural areas have access to credit to promote economic growth and job creation (see H.R. 2136), H2952 [23MY]

——— transfer funds to the Community Development Financial Institutions Fund, improve microenterprise programs, and establish the SBA Office of Youth Entrepreneurship (see H.R. 2474), H3989 [20JN]

Social Security: limit the misuse of Social Security numbers and establish criminal penalties for such misuse (see H.R. 2104), H2910 [22MY]

SSA: issue uniform standards for truncation of Social Security numbers and prohibit public display on the Internet of account numbers by State and local governments and private entities (see H.R. 2229), H3014 [3JN]

States: empower States to set the maximum annual percentage rates applicable to consumer credit transactions (see S. 1229), S5264 [26JN]

Student loans: provide for the discharge of student loan obligations upon the death or disability of the student borrower (see S. 1773), S8457 [21NO]

Taxation: allow qualified scholarship funding corporations to access tax-exempt financing for alternative private student loans (see H.R. 2573), H4173 [28JN]

——— extend certain expiring provisions of the Internal Revenue Code (see S. 1859), S9051 [19DE]

——— make permanent the minimum low-income housing tax credit rate for unsubsidized buildings and provide a minimum credit rate for existing buildings (see S. 1442), S6207 [1AU]

——— permanently extend the private mortgage insurance tax deduction (see S. 688), S2501 [9AP]

——— prevent further restriction of Federal income tax deduction for interest paid on debt secured by a first or second home (see H. Con. Res. 4), H33 [3JA]

——— prevent homeowners from being forced to pay taxes on forgiven mortgage loan debt (see S. 1187), S4673 [19JN] (see H.R. 2788), H4978 [23JY]

——— reduce number of tax brackets, provide child and personal tax credits, allow new charitable and mortgage interest deductions, repeal certain taxes, and eliminate State and local deductions (see S. 1616), S7673 [30OC]

——— replace the mortgage interest deduction with a nonrefundable credit for indebtedness secured by a residence (see H.R. 1213), H1547 [15MR]

Travel and tourism: facilitate affordable workforce housing in, and develop full-time resident communities of, high tourism areas (see H.R. 2339), H3356 [12JN]

Truth in Lending Act: provide coverage for credit cards issued to small businesses (see H.R. 2419), H3758 [18JN]

——— provide that residential mortgage loans held on portfolio qualify as qualified mortgages relative to the presumption of ability to repay requirements (see H.R. 2673), H4483 [11JY]

Veterans: provide surviving spouses with certain protections relating to mortgages and mortgage foreclosures (see H.R. 821), H658 [26FE]

Wall Street Reform and Consumer Protection Act: exempt nonprofit low-income housing providers from certain mortgage, servicing, and appraisal requirements (see H.R. 3529), H7251 [19NO]

——— technical corrections (see S. 451), S1126 [5MR]

Descriptions

Home Foreclosure Reduction Act (H.R. 101), E1–E3 [3JA]

Letters

Federal Direct Stafford Loan reduced interest rate extension: Christina Bonarrigo, E987 [28JN], E1016 [8JY]

Mortgage Forgiveness Tax Relief Act: Americans for Financial Reform (organization), S8991 [19DE]

——— Gary Thomas, National Association of Realtors, S8990 [19DE]

Protecting Consumers From Unreasonable Credit Rates Act: several legal and consumer organizations, S2503 [9AP]

Small Business Disaster Reform Act: Bob Mitchell, Bay Area Houston, TX, Economic Partnership, S1023 [28FE]

——— Brenda Bertus, St. Tammany Economic Development Foundation, S1023 [28FE], S4579 [18JN]

——— Bryan S. Derreberry, Charleston, SC, Metro Chamber of Commerce, S4580 [18JN]

——— C.E. (Tee) Rowe, Association of Small Business Development Centers, S1022 [28FE], S4578 [18JN]

——— Darrell W. Randle, Mobile, AL, Area Chamber of Commerce, S4580 [18JN]

——— George Swift, Southwest Louisiana Economic Development Alliance, S1023 [28FE]

——— John W. Madden, National Emergency Management Association, S4578 [18JN]

——— Michael Hecht, Greater New Orleans, Inc., and Kathryn S. Wylde, Partnership for New York City (organization), S4579 [18JN]

——— Paul L. Krutko, International Economic Development Council, S1022 [28FE], S4578 [18JN]

——— Peggy E. Gustafson, SBA, S4577 [18JN]

——— Scott Martinez, North Louisiana Economic Partnership (organization), S1023 [28FE]

——— Todd O. McCracken, National Small Business Association, S4579 [18JN]

Smarter Solutions for Students Act: Lisa M. Maatz, American Association of University Women, H2924 [23MY]

Lists

Recent expert reports, disparity studies and congressional hearings addressing public procurement and minority-owned and women-owned enterprises, S4981 [21JN], E940 [20JN]

Motions

Dept. of Education: establish interest rates for new student loans made on or after a certain date (H.R. 1911), H2937 [23MY]

Remarks in House

Armed Forces: improve protections for servicemembers, surviving spouses, and disabled veterans against mortgage foreclosures, H3560 [13JN], H6798, H6799 [28OC], E947 [20JN]

Bankruptcy: amend laws relative to modification of certain mortgages on principal residences (H.R. 101), E1 [3JA]

Colleges and universities: address increasing levels of student loan debt and default rates, H2285–H2287 [24AP]

——— affordability, H2795–H2801 [20MY], H3026 [4JN], H4866 [23JY], H4991 [24JY], H5054 [25JY]

——— exempt certain State-provided loan programs from being subject to preferred lender arrangement requirements (H.R. 1529), H2494 [8MY]

Congress: legislative priorities, H3239 [6JN], H3766 [19JN]

Credit unions: provide exception from the member business loan cap for loans made to aid in recovery from a disaster (H.R. 1646), E499 [18AP]

Dept. of Agriculture: extend eligibility for certain emergency loans to commercial fisherman, H3893, H3894 [19JN]

Dept. of Education: allow continuation of existing Federal student loan servicing contracts for not-for-profit servicers, H8075, H8082 [12DE]

——— establish interest rates for new student loans made on or after a certain date (H.R. 1911), H2751 [17MY], H2788, H2795–H2801 [20MY], H2903–H2909 [22MY], H2916, H2917, H2926–H2942 [23MY], H2968 [3JN], H3107, H3109 [5JN], H3271 [11JN], H3299 [12JN], H3369, H3371 [13JN], H3638 [14JN], H3697 [18JN], H3768, H3770 [19JN], H3969 [20JN], H3998, H4002, H4024 [25JN], H4042, H4045, H4046, H4047, H4048, H4052–H4054 [26JN], H4095, H4132, H4133, H4134 [27JN], H4161 [28JN], H4226–H4228 [9JY], H4316 [10JY], H4515 [16JY], H4864 [23JY], H4984 [24JY], H5054 [25JY], H5100 [30JY], E771 [3JN], E983 [27JN]

——— establish interest rates for new student loans made on or after a certain date (H.R. 1911), consideration (H. Res. 232), H2917–H2926 [23MY]

——— establish interest rates for new student loans made on or after a certain date (H.R. 1911), motion to recommit, H2937, H2938 [23MY]

——— establish interest rates for new student loans made on or after a certain date (H.R. 1911), Senate amendment, H5187, H5214–H5221 [31JY], E1185 [1AU], E1212, E1214, E1220 [2AU]

——— extend Pay as You Earn Repayment Plan to past student loan borrowers, H2936 [23MY]

——— make Federal student loans more affordable by allowing for adjustable-rate loans, increasing cap on subsidized loans, and refinancing current fixed-rate loans (H.R. 1946), H2929, H2934 [23MY]

——— protect students from higher education costs and increased student loan interest rates, H1613 [19MR], H2902–H2906 [22MY], H3228 [6JN], H3695 [18JN]

——— protect students from initial teaser interest rates on student loans that lead to higher long-term costs, H2937, H2938 [23MY]

——— provide funds for student loans through the FRS and ensure that such loans are available at interest rates equivalent to that at which the Government provides loans to banks (H.R. 1979), H2722 [17MY], H2937 [23MY], E1212 [2AU]

——— restore and extend the grace period before repayment begins on certain loans under the Federal Direct Loan Program (H.R. 2349), H3658 [17JN]

——— simplify and improve Federal Direct Loan Program through income-contingent repayment to protect borrowers and encourage responsible borrowing (H.R. 1716), H2928 [23MY], H5217 [31JY]

Dept. of HUD: establish additional requirements to improve fiscal safety and soundness of home equity conversion mortgage insurance program (H.R. 2167), H3299–H3301 [12JN]

Dept. of Justice: civil suit against Standard and Poor’s (company) relative to credit ratings issued for residential mortgage-backed securities and collateralized debt obligations that allegedly contributed to economic crisis, H438 [12FE]

Dept. of the Treasury: Special Inspector General for the Troubled Asset Relief Program report on executive compensation, H395 [6FE]

Dept. of Veterans Affairs: improve and make permanent the loan guarantee for the purchase of residential cooperative housing units (H.R. 2522), E973 [26JN]

District of Columbia: eliminate all federally imposed mandates over the local budget process, financial management, and the borrowing of money, H3244 [6JN]

——— eliminate all federally imposed mandates over the local budget process, financial management, and the borrowing of money (H.R. 345), H5875–H5878 [26SE], E48 [22JA]

Economy: address global financial system, H6760 [23OC]

——— establish reporting requirements for Troubled Asset Relief Program or American Recovery and Reinvestment Act funds, H6449 [9OC]

——— impact of Government regulations, H3262 [11JN]

FDIC: repeal orderly liquidation authority to prevent failure of large financial firms, H1600 [19MR]

Financial institutions: provide exception from requirement for annual privacy notices for financial institutions which do not share personal information with affiliates (H.R. 749), H1337–H1339 [12MR]

——— restore certain provisions of law to separate investment banking from commercial banking (H.R. 129), H4861 [23JY], H5595 [18SE], H6683 [23OC]

Financial literacy: require financial literacy and economic education counseling for student borrowers, H2935 [23MY]

Financial Literacy Month: support goals and ideals (H. Res. 172), E570 [26AP]

JP Morgan Chase & Co.: civil and criminal settlement resulting from probe related to mortgage-backed securities, H6682 [23OC], H7400 [3DE]

Mortgages: modify the definitions of a mortgage originator and a high-cost mortgage to preserve access to manufactured housing (H.R. 1779), E566 [26AP]

National Infrastructure Bank: establish, H6667 [22OC]

Office of the Comptroller of the Currency: anniversary, E117 [8FE]

Public debt: economic impact of default, H6592 [14OC], H6597 [15OC], H6613 [16OC]

Republican Party: national agenda, H3767 [19JN], H4865 [23JY]

SBA: clarify collateral requirement for certain disaster-related loans (H.R. 1974), E896 [17JN]

——— make permanent the Small Loan Advantage program (H.R. 2461), E946 [20JN]

Small business: improve opportunities for minority entrepreneurs, H3678–H3683 [17JN]

Wall Street Reform and Consumer Protection Act: impact, H3022 [4JN]

Remarks in Senate

Agriculture: impact of Government shutdown on farmers, S7375 [10OC], S7395–S7397 [11OC]

Armed Forces: enhance protections accorded to servicemembers and their spouses relative to mortgages (S. 1593), S7579 [28OC]

Bankruptcy: make privately issued student loans dischargeable (S. 114), S220 [23JA]

Bipartisan Student Loan Certainty Act: set sunset date, S5811 [23JY], S5867–S5869, S5892 [24JY]

Colleges and universities: affordability, S5875 [24JY]

——— establish a mechanism to allow borrowers of private education loans to refinance their loans (S. 1266), S5548 [9JY], S5611 [10JY]

——— require private educational lenders to obtain certain certifications from institutions of higher education (S. 113), S220 [23JA], S668 [13FE]

Committee on Economics (Joint): release of report on a strategy to strengthen manufacturing, boost STEM education, increase exports, expand access to capital, and reduce regulatory burdens, S9065 [19DE]

Consumers: establish a national usury rate for consumer credit transactions (S. 673), S2502–S2504 [9AP]

Dept. of Education: add disclosure requirements to the institution of higher education financial aid offer form and make such form mandatory (S. 1156), S5220 [26JN]

——— allow continuation of existing Federal student loan servicing contracts for not-for-profit servicers, S8898, S8899 [17DE], S8948 [18DE]

——— establish interest rate caps on student loans through surtax on individuals making over a certain amount, S5870–S5872, S5880–S5882, S5884, S5885, S5887, S5890, S5892 [24JY]

——— establish interest rates for new student loans made on or after a certain date (H.R. 1911), S3702 [22MY], S3917–S3919 [4JN], S4536 [18JN], S5126 [25JN], S5758 [17JY], S5759 [18JY], S5811, S5821, S5828 [23JY], S5852, S5855, S5859, S5863–S5894 [24JY], S5962 [25JY]

——— establish interest rates for new student loans made on or after a certain date (H.R. 1911), unanimous-consent agreement, S5850 [23JY]

——— establish student loan interest rates (S. 1334), S5806 [18JY]

——— make Federal student loans more affordable by allowing for adjustable-rate loans, income-based repayment caps, and cap on Federal loan consolidation rate (S. 1241), S5477, S5510 [27JN], S5537–S5539, S5546–S5548, S5555, S5559–S5564 [9JY], S5585–S5594, S5597 [10JY], S5777–S5779, S5791–S5794 [18JY], S5825–S5830 [23JY]

——— make Federal student loans more affordable by allowing for adjustable-rate loans, income-based repayment caps, and cap on Federal loan consolidation rate (S. 1241), unanimous-consent request, S5475 [27JN]

——— make Federal student loans more affordable by allowing for adjustable-rate loans, increasing cap on subsidized loans, and refinancing current fixed-rate loans (S. 909), S3260 [8MY], S5317 [27JN]

——— protect students from higher education costs and increased student loan interest rates, S1721 [13MR], S5483 [27JN]

——— provide for institutional risk sharing in the Federal student loan programs (S. 1873), S9062 [19DE]

——— provide funds for student loans through the FRS and ensure that such loans are available at interest rates equivalent to that at which the Government provides loans to banks (S. 897), S3260 [8MY], S4019 [7JN], S5220 [26JN], S5556 [9JY], S5592 [10JY]

Dept. of HUD: establish additional requirements to improve fiscal safety and soundness of home equity conversion mortgage insurance program (H.R. 2167), S6082 [30JY]

Economy: reform the financial regulatory system of the U.S., S994–S996 [28FE]

Employment: prohibit use of consumer credit checks against prospective and current employees for the purpose of making adverse employment decisions (S. 1837), S8916 [17DE]

Financial institutions: ensure financial institutions are held liable for criminal activity regardless of size, S2299 [22MR]

——— reform the way initial credit ratings are assigned, S2441–S2443 [8AP], S5927–S5929 [25JY]

Financial Literacy Month: designate (S. Res. 105), S2904 [23AP]

FRS: reform monetary policy to promote economic growth and minimize risk, S5955 [25JY]

——— replace the Director of the Consumer Financial Protection Bureau with a 5-person commission, S5702 [16JY]

Government regulations: promulgate regulations regarding debit and credit card interchange transaction fees, S6181 [1AU]

Mortgages: provide secondary mortgage reform by establishing the Federal Mortgage Insurance Corp., abolishing the Federal Housing Finance Agency, and phasing out housing Government-sponsored enterprises (S. 1217), S5612–S5614 [10JY]

Pope Francis: address global financial system, S3561–S3563 [16MY]

Public debt: economic impact of default, S7429 [12OC], S7468 [14OC]

Real estate: exempt qualified residential mortgages from credit risk retention requirements, S7365 [10OC]

SBA: allow use of physical damage disaster loans for the construction of tornado safe rooms (S. 1440), S6220 [1AU]

——— clarify collateral requirement for certain disaster-related loans (S. 415), S1019–S1024 [28FE], S1085 [4MR], S4576 [18JN]

——— extend availability of low-interest mortgage refinancing under the local development business loan program (S. 289), S660 [12FE]

——— make information relative to lenders making covered loans publicly available (S. 537), S1712 [12MR]

Small business: improve opportunities for minority entrepreneurs, S4981 [21JN]

States: empower States to set the maximum annual percentage rates applicable to consumer credit transactions (S. 1229), S5268, S5269 [26JN]

Taxation: extend certain expiring provisions of the Internal Revenue Code (S. 1859), S8988–S8993, S9069 [19DE], S9115 [20DE]

——— extend certain expiring provisions of the Internal Revenue Code (S. 1859), unanimous-consent request, S8987 [19DE]

——— prevent homeowners from being forced to pay taxes on forgiven mortgage loan debt (S. 1187), S8990, S8991 [19DE]

Wall Street Reform and Consumer Protection Act: impact, S8820 [15DE]

Reports filed

Commercial Real Estate and Economic Development (CREED) Act: Committee on Small Business and Entrepreneurship (Senate) (S. 289) (S. Rept. 113–89), S6327 [10SE]

Communicating Lender Activity Reports From the SBA (CLEAR SBA) Act: Committee on Small Business and Entrepreneurship (Senate) (S. 537) (S. Rept. 113–91), S6327 [10SE]

Consideration of H.R. 1911, Smarter Solutions for Students Act: Committee on Rules (House) (H. Res. 232) (H. Rept. 113–89), H2909 [22MY]

FHA Solvency Act: Committee on Banking, Housing, and Urban Affairs (Senate) (S. 1376) (S. Rept. 113–129), S9051 [19DE]

Small Business Disaster Reform Act: Committee on Small Business and Entrepreneurship (Senate) (S. 415) (S. Rept. 113–84), S6126 [31JY]

Smarter Solutions for Students Act: Committee on Education and the Workforce (House) (H.R. 1911) (H. Rept. 113–82), H2802 [20MY]

Tables

Projected interest rates under H.R. 1911, Bipartisan Student Loan Certainty Act, H5219 [31JY]

Texts of

H. Res. 232, consideration of H.R. 1911, Smarter Solutions for Students Act, H2917 [23MY]

H.R. 749, Eliminate Privacy Notice Confusion Act, H1337 [12MR]

H.R. 1911, Bipartisan Student Loan Certainty Act, S5894 [24JY]

H.R. 1911, Smarter Solutions for Students Act, H2927 [23MY]

H.R. 2167, Reverse Mortgage Stabilization Act, H3300 [12JN]

S. 113, Know Before You Owe Private Student Loan Act, S221 [23JA]

S. 114, Fairness for Struggling Students Act, S222 [23JA]

S. 289, Commercial Real Estate and Economic Development (CREED) Act, S661 [12FE]

S. 415, Small Business Disaster Reform Act, S1022 [28FE]

S. 537, Communicating Lender Activity Reports From the Small Business Administration (CLEAR SBA) Act, S1712 [12MR]

S. 673, Protecting Consumers From Unreasonable Credit Rates Act, S2504 [9AP]

S. 1399, extend interest rate limitation on debt entered into during military service to debt incurred during military service to consolidate or refinance student loans incurred before military service, S6077 [30JY]

S. 1440, Tornado Family Safety Act, S6221 [1AU]

S. 1803, Student Loan Borrower Bill of Rights, S8669–S8673 [11DE]

S. 1859, Tax Extenders Act, S9054–S9058 [19DE]

S. Res. 105, Financial Literacy Month, S2901 [23AP]