h 8 46135 1189742400 false 1189742400 3535 556 110 412220

9/14/2007--Introduced.<br/>Homebuyer's Protection Act of 2007 - Amends the Truth in Lending Act to require a creditor to establish, in an insured depository institution, an escrow or impound account for payment of taxes and hazard insurance at the time of the consummation of a subprime mortgage transaction. Requires such account to remain in existence for as long as the subprime mortgage is outstanding. Requires creditors, before consummating a consumer credit transaction involving an impound, trust, or escrow account, to provide the following written disclosures: (1) that an escrow or impound account will be established; (2) the amount required to fund such account; (3) the amount in the initial year of estimated taxes and hazard insurance premiums; and (4) the estimated monthly amount payable for taxes and hazard insurance. Amends the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to extend its appraisal requirements to all real estate related financial transactions, not only those that are federally related.<br/>

1189742400 2007-09-14 Fri Nov 07 01:16:04 -0600 2008 introduced 46135 'act':7,41 'tax':17 '1989':43 'lend':6 'loan':23 'amend':2 'insur':19 'truth':4 'enforc':40 'escrow':10 'expand':26 'purpos':47 'reform':37 'requir':9,32 'account':11 'apprais':31 'coverag':28 'financi':35 'payment':14 'subprim':22 'institut':36 'properti':16 'recoveri':38 52155 official introduced 46135 'act':4 '2007':6 'homebuy':1 'protect':3 53222 false short action 46135 1189742400 Fri Sep 14 00:00:00 -0500 2007 129080 Referred to the House Committee on Financial Services. H001043 1951-03-21 5326 506 Cannon House Office Building http://hodes.house.gov/contact.aspx 2 202-225-2946 Paul 'd':4 '-2':6 'nh':5 'rep':1 'hode':3,8,10 'paul':2,7,9 M 412220 Hodes Paul_Hodes W. Rep. Paul Hodes [D, NH-2] 2775 N00027048 7256 Democrat 202-225-5206 NH Paul Hodes 2.54545454545455 http://hodes.house.gov/ M001160 1951-04-18 2057 1408 Longworth House Office Building http://www.house.gov/gwenmoore/contact.shtml 4 202-225-8135 Gwen 'd':4 '-4':6 'wi':5 'rep':1 'gwen':2,7,9 'moor':3,8,10 F 400661 Moore Gwen_Moore Rep. Gwen Moore [D, WI-4] 574 N00026914 6254 Democrat 202-225-4572 Unknown WI Gwen Gwen Moore 2.2 http://www.house.gov/gwenmoore/ RepGwenMoore action 46135 1189742400 Fri Sep 14 00:00:00 -0500 2007 129080 Referred to the House Committee on Financial Services. introduced 46135 1189742400 Fri Sep 14 00:00:00 -0500 2007 129079