TRUTH IN LENDING ACT

Amendments

Credit: improve definitions of points and fees in connection with a mortgage transaction (H.R. 1153), consideration (H. Res. 725), H794 [6FE]

Bills and resolutions

Colleges and universities: require private educational lenders to obtain certain certifications from institutions of higher education (see S. 3205), S4950 [12JY] (see H.R. 6352), H6173 [12JY]

Consumer Financial Protection Bureau: provide regulatory relief to charitable organizations that provide housing assistance (see S. 3731), S7357 [6DE] (see H.R. 5953), H4728 [24MY]

Consumers: provide for additional protections and disclosures to consumers when financial products or services are related to the consumers’ military or Federal pensions (see H.R. 7299), H10209 [13DE]

Credit: clarify exclusion for seller-financers from the definition of mortgage originator (see H.R. 5287), H1608 [14MR]

——— improve definitions of points and fees in connection with a mortgage transaction (H.R. 1153), consideration (see H. Res. 725), H782 [5FE]

——— improve regulation of ‘‘payday’’ lending by ensuring consumers control their own bank accounts, increasing transparency, and banning lead generators and anonymously registered websites in payday lending (see S. 2417), S907 [13FE] (see H.R. 4999), H1125 [13FE]

——— modify definition of credit sale (see H.R. 6625), H7724 [26JY]

——— prohibit distribution of checks or other negotiable instrument as part of a solicitation by a creditor for an extension of credit and limit liability of consumers in conjunction with such solicitations (see S. 3734), S7385 [10DE]

——— require credit card companies to publish debt pay-down disclosures online to inform consumers about risks associated with minimum debt payment (see H.R. 6531), H7686 [25JY]

Financial institutions: limit overdraft fees and establish fair and transparent practices relative to marketing and provision of overdraft coverage programs at depository institutions (see S. 3343), S5582 [1AU]

FTC: codify ban on confessions of judgment in law in consumer loan contracts and expand such ban to provide protections to small businesses (see S. 3717), S7356 [6DE] (see H.R. 7354), H10336 [19DE]

Small business: provide coverage for credit cards issued to small businesses (see H.R. 5660), H3741 [27AP]

Letters

Mortgage Choice Act: several Representatives (2014), H909 [7FE]

Remarks in House

Consumer Financial Protection Bureau: provide regulatory relief to charitable organizations that provide housing assistance, H6311 [17JY]

——— provide regulatory relief to charitable organizations that provide housing assistance (H.R. 5953), H6005–H6007 [10JY]

Credit: improve definitions of points and fees in connection with a mortgage transaction (H.R. 1153), H906–H965 [7FE]

——— improve definitions of points and fees in connection with a mortgage transaction (H.R. 1153), consideration (H. Res. 725), H790–H797 [6FE]

——— provide a safe harbor from certain requirements relative to qualified mortgages for residential mortgage loans held on an originating depository institution’s portfolio, H4344 [22MY]

——— provide a safe harbor from certain requirements relative to qualified mortgages for residential mortgage loans held on an originating depository institution’s portfolio (H.R. 2226), H1389–H1393 [6MR]

Credit Card Accountability Responsibility and Disclosure (Credit CARD) Act: implementation, H3142 [11AP]

Nonprofit organizations: clarify that organizations can accept donated mortgage appraisals (H.R. 2255), H647–H650 [29JA]

Remarks in Senate

Credit: establish a national usury rate for consumer credit transactions, S1707 [14MR]

Education: require certain protections for student loan borrowers, S1536 [8MR], S1622 [12MR]

Reports filed

Building Up Independent Lives and Dreams (BUILD) Act: Committee on Financial Services (House) (H.R. 5953) (H. Rept. 115–806), H6040 [10JY]

Consideration of H.R. 772, Common Sense Nutrition Disclosure Act, H.R. 1153, Mortgage Choice Act, and H.R. 4771, Small Bank Holding Company Relief Act: Committee on Rules (House) (H. Res. 725) (H. Rept. 115–546), H782 [5FE]

Housing Opportunities Made Easier (HOME) Act: Committee on Financial Services (House) (H.R. 2255) (H. Rept. 115–528), H676 [29JA]

Mortgage Choice Act: Committee on Financial Services (House) (H.R. 1153) (H. Rept. 115–522), H624 [22JA]

Mortgage Fairness Act: Committee on Financial Services (House) (H.R. 2570) (H. Rept. 115–1024), H9525 [14NO]

Portfolio Lending and Mortgage Access Act: Committee on Financial Services (House) (H.R. 2226) (H. Rept. 115–578), H1226 [23FE]

Securing Access to Affordable Mortgages Act: Committee on Financial Services (House) (H.R. 3221) (H. Rept. 115–590), H1500 [8MR]

Texts of

H. Res. 725, consideration of H.R. 772, Common Sense Nutrition Disclosure Act, H.R. 1153, Mortgage Choice Act, and H.R. 4771, Small Bank Holding Company Relief Act, H790 [6FE]

H.R. 1153, Mortgage Choice Act, H907 [7FE]

H.R. 2226, Portfolio Lending and Mortgage Access Act, H1389 [6MR]

H.R. 2255, Housing Opportunities Made Easier (HOME) Act, H647 [29JA]

H.R. 5953, Building Up Independent Lives and Dreams (BUILD) Act, H6005 [10JY]

S. 3205, Know Before You Owe Private Education Loan Act, S4952 [12JY]