H.R. 650
Referred to CommitteePreserving Access to Manufactured Housing Act of 2015
Latest Action
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
4/15/2015 • Senate
Summary
(This measure has not been amended since it was introduced. The summary of has been expanded because action occurred on the measure.)
Preserving Access to Manufactured Housing Act of 2015
(Sec. 2) Amends the Truth in Lending Act to revise the exclusion from the meaning of "mortgage originator" of any employee of a retailer of manufactured homes who does not for compensation or gain take residential mortgage loan applications, for compensation or gain offer or negotiate terms of a residential mortgage loan, or advise a consumer on loan terms (including rates, fees, and other costs).
Excludes from the meaning of "mortgage originator," instead, any retailer of manufactured or modular homes or its employees unless the retailer or its employees receive compensation or gain for engaging in certain activities in excess of any compensation or gain received in a comparable cash transaction.
(Sec. 3) Revises the definition of "high cost mortgage."
Passed House without amendment • 4/14/2015
Topics & Subjects
CBO Cost Estimates (1)
Congressional Votes (2)
On Passage
April 14, 2015
On Motion to Recommit with Instructions
April 14, 2015
Related Federal Spending
Sponsor & Cosponsors (44)
Party Breakdown
Sponsor
Cosponsors (43)
Bill Journey
Originated in the House
Introduced
February 2, 2015
Committee Review
March 25, 2015
Floor Debate
April 14, 2015
Passed Chamber
April 14, 2015
Other Chamber
President
Failed
April 14, 2015
Text Versions (4)
Committee Reports (1)
Related Bills (4)
H.Res. 189
Providing for consideration of the bill (H.R. 650) to amend the Truth in Lending Act to modify the definitions of a mortgage originator and a high-cost mortgage, providing for consideration of the bill (H.R. 685) to amend the Truth in Lending Act to improve upon the definitions provided for points and fees in connection with a mortgage transaction, and providing for the adoption of the concurrent resolution (S. Con. Res. 11) setting forth the congressional budget for the United States Government for fiscal year 2016 and setting forth the appropriate budgetary levels for fiscal years 2017 through 2025.
S. 1910
Financial Services and General Government Appropriations Act, 2016
H.R. 5983
Financial CHOICE Act of 2016
S. 682
Preserving Access to Manufactured Housing Act of 2015