Preserving Access to Manufactured Housing Act of 2017
This bill amends the Truth in Lending Act (TILA) to specify that a retailer of manufactured housing is generally not a "mortgage originator" subject to requirements under that Act. Similarly, the bill amends the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 to specify that such a retailer is generally not a "loan originator" subject to requirements under that Act.
In addition, the bill increases the annual percentage rates and transaction values at which mortgages for certain dwellings are considered "high-cost mortgages" under TILA.
Action Date | Type | Text | Source |
---|---|---|---|
2017-12-04 | IntroReferral | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | Senate |
2017-12-01 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
2017-12-01 | Vote | On passage Passed by recorded vote: 256 - 163 (Roll no. 651). (text: CR H9573) | House floor actions |
2017-12-01 | Vote | On motion to recommit with instructions Failed by the Yeas and Nays: 193 - 227 (Roll no. 650). | House floor actions |
2017-12-01 | Floor | Floor summary: DEBATE - The House proceeded with 10 minutes of debate on the Waters, Maxine (CA) motion to recommit with instructions. The instructions contained in the motion seek to report the same back to the House forthwith with an amendment to protect consumers from excessive costs and predatory lenders. | House floor actions |
2017-12-01 | Floor | Ms. Waters, Maxine moved to recommit with instructions to the Committee on Financial Services. (text: CR H9583) | House floor actions |
2017-12-01 | Floor | DEBATE - The House proceeded with one hour of debate on H.R. 1699. | House floor actions |
2017-12-01 | Floor | Rule provides for consideration of H.R. 4182 and H.R. 1699. Resolution provides for consideration of H.R. 4182 under a structured rule, with one hour of general debate, and one motion to recommit with or without instructions. Resolution also provides for consideration of H.R. 1699 under a closed rule, with one hour of general debate, and one motion to recommit with or without instructions. | House floor actions |
2017-12-01 | Floor | Considered under the provisions of rule H. Res. 635. (consideration: CR H9573-9585) | House floor actions |
2017-11-30 | Floor | Rule H. Res. 635 passed House. | House floor actions |
2017-11-29 | Floor | Rules Committee Resolution H. Res. 635 Reported to House. Rule provides for consideration of H.R. 4182 and H.R. 1699. Resolution provides for consideration of H.R. 4182 under a structured rule, with one hour of general debate, and one motion to recommit with or without instructions. Resolution also provides for consideration of H.R. 1699 under a closed rule, with one hour of general debate, and one motion to recommit with or without instructions. | House floor actions |
2017-11-21 | Calendars | Placed on the Union Calendar, Calendar No. 308. | House floor actions |
2017-11-21 | Committee | Reported by the Committee on Financial Services. H. Rept. 115-416. | House floor actions |
2017-10-12 | Committee | Ordered to be Reported by the Yeas and Nays: 42 - 18. | House committee actions |
2017-10-12 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
2017-10-11 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
2017-03-23 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
2017-03-23 | IntroReferral | Introduced in House | Library of Congress |