H.R.3813 - Mortgage Kickback Prevention Act of 2007

To amend the Truth in Lending Act to prohibit mortgage originators from receiving incentive compensation that varies with the terms of a residential mortgage loan and from steering consumers to residential mortgage loans that are not in the consumers' best interest, and for other purposes X. view all titles (2)

All Bill Titles

  • Short: Mortgage Kickback Prevention Act of 2007 as introduced.
  • Official: To amend the Truth in Lending Act to prohibit mortgage originators from receiving incentive compensation that varies with the terms of a residential mortgage loan and from steering consumers to residential mortgage loans that are not in the consumers' best interest, and for other purposes X. as introduced.

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Bill's Views

  • Today: 1
  • Past Seven Days: 2
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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
10/09/07
 
 
 
 
 
 
 

Sponsor

Representative

Christopher Murphy

D-CT

No Co-Sponsors

Official Summary

10/10/2007--Introduced.Mortgage Kickback Prevention Act of 2007 - Amends the Truth in Lending Act to prohibit a mortgage originator from receiving payment of incentive compensation, including yield spread premium, that is based upon, or varies with, the terms of a residential mortgage loan

Official Summary

10/10/2007--Introduced.
Mortgage Kickback Prevention Act of 2007 - Amends the Truth in Lending Act to prohibit a mortgage originator from receiving payment of incentive compensation, including yield spread premium, that is based upon, or varies with, the terms of a residential mortgage loan (steering incentive).

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Recent Blog Coverage

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06/29/08
Community Considers New Operating Permit for Mirant Plant

502: 0.36 IblMMBtu (3-hr), 0.30 Ib/MMBtu (24-hr), 1906 lb/hr, 3813 tons/yr e. CO & PM CEMS: Installed in 12 months, City to get data for atleast one year after certification f. Sulfur content: 0.9% by weight ...

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10/09/07
WashingtonWatch.com - H.R. 3813, The Mortgage Kickback Prevention ...

US Congress: HR 3813, The Mortgage Kickback Prevention Act of 2007.

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10/08/07
bill action: introduced: hr 3813: to amend the truth in lending ...

christopher murphy [d-ct] introduced hr 3813: to amend the truth in lending act to prohibit mortgage originators from receiving incentive compensation that varies with the terms of a residential mortgage loan and from steering consumers ...

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