Home Mortgage Disclosure Adjustment Act
This bill amends the Home Mortgage Disclosure Act of 1975 to exempt a depository institution from certain records and disclosure requirements: (1) with respect to closed-end mortgage loans, if the depository institution originated fewer than 1,000 such loans in each of the two preceding years; and (2) with respect to open-end lines of credit, if the depository institution originated fewer than 2,000 such lines of credit in each of the two preceding years.
In addition, the bill lessens requirements for depository institutions to itemize and disclose specified mortgage loan data.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2018-01-19 | IntroReferral | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | Senate |
| 2018-01-18 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
| 2018-01-18 | Vote | On passage Passed by the Yeas and Nays: 243 - 184 (Roll no. 32). | House floor actions |
| 2018-01-18 | Vote | On motion to recommit with instructions Failed by the Yeas and Nays: 191 - 236 (Roll no. 31). | House floor actions |
| 2018-01-18 | Floor | Considered as unfinished business. (consideration: CR H536-537) | House floor actions |
| 2018-01-18 | Floor | POSTPONED PROCEEDINGS - At the conclusion of debate on the motion to recommit, the Chair put the question on the motion, and by voice vote, announced that the noes had prevailed. Mr. Ellison demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced. | House floor actions |
| 2018-01-18 | Floor | The previous question on the motion to recommit with instructions was ordered without objection. | House floor actions |
| 2018-01-18 | Floor | DEBATE - The House proceeded with 10 minutes of debate on the motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with instructions to add language mandating certain officers and institutions to confirm that they abide by requirements outlined within the amendment. | House floor actions |
| 2018-01-18 | Floor | Mr. Ellison moved to recommit with instructions to the Committee on Financial Services. (text: CR H520-521) | House floor actions |
| 2018-01-18 | Floor | The previous question was ordered pursuant to the rule. | House floor actions |
| 2018-01-18 | Floor | DEBATE - The House proceeded with one hour of debate on H.R. 2954. | House floor actions |
| 2018-01-18 | Floor | The rule provides for one hour of general debate on both measures. Only those amendments printed in Part A of the report shall be considered for H.R. 3326. The amendment printed in Part B of the report, relating to H.R. 2954, shall be considered as adopted. The rule allows for one motion to recommit with or without instructions for both measures. | House floor actions |
| 2018-01-18 | Floor | Considered under the provisions of rule H. Res. 693. (consideration: CR H513-521) | House floor actions |
| 2018-01-17 | Floor | Rule H. Res. 693 passed House. | House floor actions |
| 2018-01-16 | Floor | Rules Committee Resolution H. Res. 693 Reported to House. The rule provides for one hour of general debate on both measures. Only those amendments printed in Part A of the report shall be considered for H.R. 3326. The amendment printed in Part B of the report, relating to H.R. 2954, shall be considered as adopted. The rule allows for one motion to recommit with or without instructions for both measures. | House floor actions |
| 2018-01-08 | Calendars | Placed on the Union Calendar, Calendar No. 359. | House floor actions |
| 2018-01-08 | Committee | Reported (Amended) by the Committee on Financial Services. H. Rept. 115-485. | House floor actions |
| 2017-10-12 | Committee | Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 24. | 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 |
| 2017-06-20 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2017-06-20 | IntroReferral | Introduced in House | Library of Congress |