S-3215 : Still Just a Bill

Home Mortgage Disclosure Adjustment Act

This bill amends the Home Mortgage Disclosure Act of 1975 to exempt from maintenance of mortgage loan records and disclosure requirements depository institutions that have originated in each of the two preceding calendar years:

  • fewer than 100 closed-end mortgage loans, and
  • fewer than 200 open-end lines of credit.

Action Timeline

Action DateTypeTextSource
2016-07-14IntroReferralRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
2016-07-14IntroReferralIntroduced in SenateLibrary of Congress

Sponsor :

Mike Rounds [R] (SD)
See Cosponsors

Policy Area :

Finance and Financial Sector
See Subjects
  • Banking and financial institutions regulation
  • Business records
  • Consumer credit
  • Housing finance and home ownership

Related Bills

See Related Bills