Escrow, Appraisal, and Mortgage Servicing Improvements Act
To require escrows for certain mortgage loans, to improve mortgage servicing, to promote sustainable homeownership opportunities, to enhance appraisal quality and standards, to better appraisal oversight, to mitigate appraiser pressure, and for other purposes.
Other Bill Titles (2 more) 10/16/2007--Introduced.
Escrow, Appraisal, and Mortgage Servicing Improvements Act - Amends the Truth in Lending Act to require a creditor, in a consumer credit transaction secured by the consumer's principal dwelling, to establish an escrow or impound account to pay taxes and haz... moreSee Full Bill Text
Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by House | ![]() | Voted on by Senate | ![]() | Considered By President | ![]() | Bill Becomes Law |
| October 16, 2007 |
Users tracking H.R.3837 (1) are also tracking:
| People |
|---|
In the News
November 15, 2007 Appraisal group under scrutiny
Called the Escrow, Appraisal and Mortgage Servicing Improvements Act (HR 3837), the bill was approved Nov. 6 by the US House Financial Services Committee. ...
Blog Coverage
April 04, 2008 AI, Appraisal Institute Designation Descrimination
The Appraisal Institute has managed to sneak a paragraph into section 203K of the HR 3837 bill, which endeavors to reverse anti-discriminatory legislation which has existed since 1989, which will further cause into confusion, ...
April 02, 2008 Apellaâs Review of Cuomo â GSE Home Valuation Code of Conduct
HR 3837 titled Escrow, Appraisal, and Mortgage Servicing Improvements Act purposes is to amend the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA). FIRREA is Title XI US Code. Section (g) of HR 3837 seeks: ...
Source: Table Talk With Apella
February 25, 2008 Teleconference Addresses Independence, Blacklisting, Anonymous ...
The bill was originally introduced as HR 3837 but was later rolled into HR 3915, and then passed through the House. On the Senate side, Sen. Chris Dodd, D-Conn., introduced legislation (SB 2452) that prohibits appraisal pressure as well ...
Source: Real Estate and Appraisal










Rating Filter: 5
Comments
No Comments
Add A Comment