Blog Articles for H.R.3915
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.
December 11, 2007 FANNIE MAE & FREDDIE MAC INCREASE FEES.
HR-3915 also known as the Mortgage Reform and Anti-Predatory Act of 2007 most likely will be enacted in 2008. May be we should change the name. This bill includes a Minimum Standard for Mortgages, something that is not really easy to ...
Source: FREE MORTGAGE INFORMATION
December 11, 2007 Will Blemished Borrowers Be Blindsided by Congress?
As if that isn't 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 ...
December 11, 2007 Will 'Blemished Borrowers be Blindsided by Congress ?
As if that isn't 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 ...
December 11, 2007 Legistlative Update
Yesterday HR 3915 went to the floor of the House for final debate and vote. The House passed the bill by a vote of 291 - 127. The bill now goes to the Senate. Wherever you have planted your profession within the housing industry, ...
Source: MykelSellsREOs.com
December 10, 2007 Yield spread premiums: misunderstood?
In Part 2, having established that yield spread premiums are not necessarily a bad thing, Guttentag questions whether HR 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007, will prevent incentives for abuse. ...
Source: Inman News Blog
December 10, 2007 Rudy On Leadership, the GWOT, Healthcare and More
If freezing rates means halting action on such things as HR 3915, then while it is still not a good idea it might be better than the alternative. He was asked how he would confront the mortgage crisis, and this he answered perfectly. ...
Source: Proprietor Nation
December 10, 2007 Real Estate NEWS
is bill HR 3915 also known as the Mortgage Reform and Anti-Predatory Lending Act of 2007. (Typically, congressional bills, have these lofty titles that make them sound like something that no right-thinking person would object to). ...
Source: Top Deploy Blog
December 10, 2007 Google Alert - H
On November 15, the US House of Representatives passed HR 3915, known as the Mortgage Reform and Anti-predatory Lending Act of 2007, mainly along party lines. Led by Barney Frank, the impetus for this legislation was the disastrous . ...
Source: Blog By Alert
December 09, 2007 Rep Frank Mortgage Reform and Anti Predatory Lending Act
HR 3915 - Mortgage Reform and Anti-Predatory Lending Act of 2007 ⦠Many Aspects of Predatory and Other Mortgage Lending ⦠Truth in Lending Act (15 USC 1602), Title I deals with mortgage origination ⦠HR 3915 Mortgage Reform Resources? ...
Source: commercial loan training
December 08, 2007 Rep Ellison Mortgage Reform and Anti Predatory Lending Act
Today the House will debate the Mortgage Reform and Anti-Predatory Lending Act of 2007, HR 3915 , sponsored by Rep. ⦠Rep. Ellison: ?No doubt, the American dream has ⦠HR 3915: Mortgage Reform and Anti-Predatory Lending Act of 2007 ⦠...
Source: car loan companies
December 07, 2007 Relief in Sight for Forecloures?
The bill, HR 3915, will reform mortgage practices in three areas. The bill will establish a federal duty of care, prohibit steering, and call for licensing and registration of mortgage originators, including brokers and bank loan ...
Source: ask2agents
December 07, 2007 Loan Originators
Loan Officer HR 3915, the âThe Mortgage Reform and Anti-Predatory Lending Act of 2007â will create a licensing system for residential mortgage loan originators, establish a minimum standard requiring that borrowers have a reasonable ...
Source: Loan Originators
December 06, 2007 How To Get Your Industry Regulated, in 6 Easy Lessons
HR 3915 makes lenders more responsible for assessing borrowersâ ability to pay. Listening to the industry, youâd think this is the death of civilization. (âWhat!? I lend a guy money and he doesnât payâthen sues me because I lent hi
Source: Trust Matters
December 04, 2007 HR 3915 Is NOT Consumer Friendly
Please vote against this HR 3915, it is sponsored by the largest banks and it prohibits competetion and WILL increase mortgage interest rates. clipped from www.consumermortgagereports.com. NO on HR 3915 - This Is NOT Consumer Friendly ...
December 04, 2007 HR 3915: Mortgage Reform and Anti-Predatory Lending Act of 2007, a ...
This is the scenario that legislators walked into this year, which has resulted in HR 3915. People, for better or worse, are looking to the government to bail them out and help them. What's worse is that the investor-minds who devised ...
Source: Money Talk
December 03, 2007 Summary of HR 3915 from the Mortgage Action Alliance
Status â The House of Representatives passed HR 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007, on November 15, 2007 by a vote of 291-127. The Senate will likely develop its own, substantially different, ...
December 02, 2007 What Is The Outlook For Alleviating The Mortgage Crisis In The ...
The Mortgage Reform and Anti-Predatory Lending Act (HR 3915), passed before the Thanksgiving break, puts a stop to many of the most egregious predatory practices in the subprime mortgage market and strengthens protections for consumers ...
Source: CIN Top News
December 01, 2007 Is Alex Sink - Floridaâs Virginia Woolf ?
HR 3915-Mortgage Reform passes House muster. Bookmark to: Add 'Is Alex Sink - Floridaâs Virginia Woolf ?' to Del. Add 'Is Alex Sink - Floridaâs Virginia Woolf ?' to digg Add 'Is Alex Sink - Floridaâs Virginia Woolf ? ...
November 29, 2007 Throwing Some Legislation at the Foreclosure Problem
For every noteworthy market downturn, it seems that there’s always someone saying, or perhaps more accurately, Congress hearing, ... by passing the Mortgage Reform and Anti-Predatory Lending Act of 2007 (H.R.3915). The
Source: TwoWiseAcres
November 27, 2007 A (Very Middle of the Road) Message from Senator Cantwell on HR 3915
The Mortgage Reform and Anti-Predatory Lending Act of 2007 (HR 3915) was introduced on October 22, 2007 by Congressman Brad Miller. If enacted, this legislation would amend the Truth in Lending Act, setting forth standards and ...
Source: The Mortgage Porter
November 27, 2007 Democrat Congress votes to worsen credit crunch
I believe that certain provisions within this bill (HR 3915) are going to cause capital to pull out of the home loan business even more than it already has, and what follows will be a credit crunch that will make the current environment ...
Source: The Travis Monitor
November 27, 2007 Is HR 3915 a dangerous step toward socialism? (by: KHufford)
Is HB 3915 a step toward socialism? The DEMS would like to restrict the ability of folks to borrow money, to loans they have decided are more safe. What will come next, mortgage stamps? In a free society, folks have the right to make ...
November 27, 2007 NAMB Press Release Regarding HR 3915
Yesterday, The National Association of Mortgage Brokers (NAMB) issued a Press Release regarding the House of Representatives passage of HR 3915. NAMBâs position on the passage is that it is a âVictory for Consumers and Small Businessâ. ...
Source: The NAMPwire
November 26, 2007 A Sad Story About a Mortgage Broker
They have responded with HR 3915, which attacks predatory lending, and provides even more protection for borrowers in case they go bad on the loan. In other words, based on the narrative that borrowers are good victims and brokers are ...
Source: Proprietor Nation
November 26, 2007 When Does it Make Sense to Refi?
HR 3915 has passed the House and will now take it's turn in the Senate. If you don't want Congress deciding whether or not you can refinance, please contact your elected officials ASAP!
November 26, 2007 HR 3915 - Getting Warmer
"Though 3915's heart is in the right place, and there aspects of it that will actually protect consumers without damaging their individual liberties, there are still parts of the bill that are unnecessary and will only serve to prevent ...
November 26, 2007 Ron Pauls Vote on HR 3915 (by: Dana Point)
11/15/07 Vote 1118: HR 3915: Mortgage Reform and Anti-Predatory Lending Act Not Voting 11/15/07 Vote 1117: HR 3915: Mortgage Reform and Anti-Predatory Lending Act Not Voting Is he consistent? - Last Post by: Dana Point on 11/26/2007 ...
November 25, 2007 Ron Pauls Vote on HR 3915 (by: broker949)
11/15/07 Vote 1118: HR 3915: Mortgage Reform and Anti-Predatory Lending Act Not Voting 11/15/07 Vote 1117: HR 3915: Mortgage Reform and Anti-Predatory Lending Act Not Voting Is he consistent? - Last Post by: broker949 on 11/25/2007 ...
November 23, 2007 HR 3915- Follow-Up to Mortgage Reform Bill
On Thursday, November 15, the House of Representatives approved HR 3915, the âMortgage Reform and Anti-Predatory Lending Act of 2007,â by a vote of 291-127. If enacted, this legislation would fundamentally change mortgage practices in . ...
Source: Hushållstjänster
November 22, 2007 Mortgage Reform Bill passes house
Yeah or OH NO! Congress.org On Thursday, by a vote of 291-127, the House passed H.R ... so that they are not facing foreclosure, specifically when adjustable mortgage rates reset. Bill H.R.3915
Source: Call This Realtor Now
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