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H.R.3915: To amend the Truth in Lending Act to reform consumer mortgage practices and provide accountability for such practices, to establish licensing and registration requirements for residential mortgage originators, to provide certain minimum standards for consumer mortgage loans, and for other purposes.

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April 03, 2008 Frank's Raving Mad Mortgage "Solution"

Last year, he insisted on moving HR 3915 all the way from his banking committee to the full House even though the bill was dead on arrival as soon as it got to the Senate. The bill was so wraught with problems that it took me dozens of ...

April 03, 2008 Mortgage Lenders Don’t Want The Bill For Mortgage Problems

Mortgage Lenders Don’t Want The Bill For Mortgage Problems. Within the bill (HR 3915: Mortgage Reform and Anti-Predatory Le...

March 26, 2008 gary zerola

... dramatis personae and crew info, forums, 90 virginia elections 91 marine online 92 anne hathaway havoc 93 rebecca mornay 94 baltimore newspaper 95 carlton pearson 96 greg ballard 97 ohio state basketball 98 hr 3915 99 stacy peterson ...

March 24, 2008 Mortgage Lenders Don’t Want The Bill For Mortgage Problems

Mortgage Lenders Don’t Want The Bill For Mortgage Problems. Within the bill (HR 3915: Mortgage Reform and Anti-Predatory Le...

March 22, 2008 Mortgage Lenders Don’t Want The Bill For Mortgage Problems

Mortgage Lenders Don’t Want The Bill For Mortgage Problems. Within the bill (HR 3915: Mortgage Reform and Anti-Predatory Le...

March 13, 2008 Unintended Consequences of the FNMA/Cuomo Agreement: Part 2 - A ...

One reason for its appealing language is that parts of it were cut-and-pasted verbatim from Title VII of HR 3915, a bill which has been lauded by appraisers (as well as the organizations that represent them). The difference is that HR ...

March 13, 2008 Unintended Consequences of the FNMA/Cuomo Agreement: Part 2 - A ...

One reason for its appealing language is that parts of it were cut-and-pasted verbatim from Title VII of HR 3915, a bill which ---- link AppraiseThis: The Best Real Estate and Real Estate Agent Blog Posts From Around The Web ...

March 09, 2008 More Housing Lunacy

Barney Frank, the man responsible for HR 3915 is ready for more action and he penned this piece outlining what he thinks needs to be done. In it, he largely echoes the thougths of the Fed Chairman, Ben Bernanke, that we need to save ...

March 05, 2008 Comparing HR 3915 AND S 2452: Yield Spread Premium

In the last sections of Title One, HR 3915 the Act doesn’t proscribe all YSP, it specifically allows Yield Spread Premiums only on “Qualified mortgages ”as defined in Title Two of the Act. While it doesn’t specifically refer to SRP, ...

March 04, 2008 Mortgage Brokers underfire, realtors are in jeopardy too ...

Some members of Congress have proposed and now have the House of Representatives voting on HR 3915. This bill is also known as the “Mortgage Reform and Anti-Predatory Lending Act of 2007”. Enacting this bill will essentially force all ...

March 04, 2008 New Revision to Truth in Lending Act Passes

HR 3915 passed 11.15.2007 which sets forth new standards regarding Truth in Lending and predatory lending practices. Summary taken from The Library of Congress (THOMAS). SUMMARY AS OF: 10/22/2007–Introduced. ...

March 02, 2008 is currently in

Anyone interested should write to their Congressman or Congresswoman and state categorically that they want to be able to get no point or no cost loans and that the part of HR 3915 eliminating YSPs must be struck out. ...

February 29, 2008 Exploring HR 3915: Title One, Subtitle A: Licensing System for ...

HR 3915 establishes minimum standards that delete every distinction except depository (registration) or non-depository (state-licensing and registration) from the debate. It covers every single originator and requires a unique ...

February 29, 2008 URGENT NOTICE: Our Industry is Under Attack!

New suitability standards for mortgage lenders that would spark a flurry of lawsuits and cripple the entire housing industry (HR 3915). Oh wait, there’s more. And these will be MUCH more damaging if we don’t take action! ...

February 27, 2008 Consumer Focused Carnival of Real Estate

For the record, HR 3915 was a bad bill. But he's right that people looking to evade the consequences of their own actions is a large part of the problem, and it's hurting others. The woman described is on the hook for $200000 of other ...

February 21, 2008 Vito Fossella loses debate to constituent

What Mr. Fossella also fails to mention is that he voted against a real piece of legislation, HR 3915, which would have required the disclosure of an estimated interest rate (APR) and the maximum it can adjust to, the total estimated ...

February 15, 2008 Fed proposes new restrictions on subprime, alt-A loans

15 approved a bill, HR 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007, which would limit prepayment penalties, set minimum standards for all mortgages that lenders assess a borrower’s ability to repay, and expand HOEPA ...

February 13, 2008 Decaying Social Trust and Moral Indignation

Here’s the Heritage Foundation—mind you, just last November, 2007—demonstrating its utter subordination of logic to ideology, arguing against HR 3915, a House bill to reign in predatory lending:. [the bill] would establish an explicit ...

February 11, 2008 Expert Available to Discuss Impact of Residential Mortgage ...

Mavent Inc.: What: HR 3915, The Mortgage Reform and Anti-Predatory Lending Act of 2007,

February 07, 2008 HR 3915 Basics

IH H3915 bajohnson on PROD1PC69 with BILLS2•HR 3915 IH1 SECTION 1. SHORT TITLE; TABLE OF CONTENTS.2 (a) SHORT TITLE.—This Act may be cited as the3 ‘‘Mortgage Reform and Anti-Predatory Lending Act of4 2007’’.5 (b) TABLE OF CONT

February 04, 2008 Kanjorski Announces Funding For Mortgage Counseling

In November, the US House of Representatives passed HR 3915, the Mortgage Reform and Anti-Predatory Lending Act. Currently pending in the Senate, this bill includes Chairman Kanjorski’s Escrow, Appraisal, and Mortgage Servicing ...

January 29, 2008 Life continues to get tougher for mortgage brokers

HR 3915, which passed in the House of Representatives in November, would create a national registry and licensing system for loan "originators," including brokers, and require background checks and education requirements. ...

January 29, 2008 Synopsis: Duty of Care

HR 3915: Federal Duty of Care: The originator maintains a federal “duty of care.” This means that both the “duty of care” standard under legal precedent must be met, as well as the conditions laid out within HR 3915. ...

January 25, 2008 Mortgage Opinions From Your Realtor®

“Thankfully, there has been legislation introduced in the past few months, namely the Comprehensive Mortgage Reform and Anti-Predatory Lending Act (HR 3915), which is a step in the right direction but ultimately I believe the government ...

January 21, 2008 REP. Arcuri Leads Homeowner Protection Bill Through House

Arcuri (D-Utica) continued his commitment to help American families achieve the dream of homeownership in a responsible way by guiding the Mortgage Reform and Anti-Predatory Lending Act of 2007 (HR 3915) through the US House of ...

January 18, 2008 Mortgage Contract on the way?

With the house democrats voting 100% in favor of HR 3915 Mortgage Reform and Anti-Predatory Lending Act of 2007 - it appears that a national mortgage contract is going to be adopted for consumers that wish to take out a home mortgage. ...

January 17, 2008 From Boon to Crisis Revisited...

First, let's start with the abomination known as HR 3915 which thankfully looks to be collecting dust in committee in the Senate. This bill became the standard bearer for accomplishing all three things at once. ...

January 12, 2008 Mortgage Lenders Don’t Want The Bill For Mortgage Problems

Mortgage Lenders Don’t Want The Bill For Mortgage Problems. Within the bill (HR 3915: Mortgage Reform and Anti-Predatory Lendi...

January 11, 2008 *Magellan Mortgage Group* NO BRANCH FEES PER MONTH (by ...

Are you worried about the pending legislation HR 3915 getting passed by the United States Congress and affecting your business? Why not protect yourself and join a mortgage banking company? I am here to tell you about a professional ...

January 09, 2008 New mortgage law may have downside

As if that is not bad enough, The Mortgage Reform and Anti-Predatory lending Act of 2007 (HR 3915), now winding its way through Congress, would worsen their plight. That is not the intention, of course, but the law of unintended ...