TRUTH IN LENDING ACT

Bills and resolutions

Credit: empower States to set maximum annual percentage rates applicable to consumer credit transactions (see S. 4072), S2092 [7AP]

——— 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. 5099), S6739 [16NO] (see H.R. 9307), H8541 [16NO]

Dept. of HUD: require property assessed clean energy financiers to receive consent of mortgage holders and other lien holders before providing financing (see H.R. 7049), H1423 [9MR]

Real estate: include retailers of manufactured or modular homes in definition of mortgage originator (see H.R. 8328), H5974 [12JY]

Remarks in House

Credit: establish language access requirements for creditors and servicers, H5571 [15JN]

Remarks in Senate

Credit: establish national usury rate for consumer credit transactions (S. 2349), S2345 [5MY]

Reports filed

Improving Language Access in Mortgage Servicing Act: Committee on Financial Services (House) (H.R. 3009) (H. Rept. 117–370), H5609 [15JN]