U.S. Congress - Blog Articles for H.R.3915 Mortgage Reform and Anti-Predatory Lending Act of 2007
H.R.3915 - Mortgage Reform and Anti-Predatory Lending Act of 2007
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. view all titles (6)
All Bill Titles
- Short: Mortgage Reform and Anti-Predatory Lending Act of 2007 as reported to house.
- Official: 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. as introduced.
- Short: Expand and Preserve Home Ownership Through Counseling Act as passed house.
- Short: Mortgage Reform and Anti-Predatory Lending Act of 2007 as introduced.
- Short: Mortgage Reform and Anti-Predatory Lending Act of 2007 as passed house.
- Short: Expand and Preserve Home Ownership Through Counseling Act as reported to house.
- Newest First
- Oldest First
- Highest Rated
Sort By
Reform of Fannie Mae & Freddie Mac - Homeownership & Equity ...
Only after the Democrats took control of the Congress and initiated specific legislative reforms (HR 3915) did Federal Reserve Chairman Ben Bernanke finally issue regulations under the very authority they have had since 1994. ...
Perriello campaign Press Release "Not Bought and Paid For"
... steering people toward risky subprime loans. [HR 3915, Vote #1118, 11/15/2007.] ### Tom Perriello for Congress * PO Box 306 * Ivy, VA 22945 * 434-882-4163 www.perrielloforcongress.com Paid for and authorized by Perriello for Congress.
Tom Feeny: Against Bail Out & For Less Regulation
This stance is interesting since in 2007 Feeney voted NO on HR 3915: The Truth in Lending Act. This act was designed to reform consumer mortage practices by providing stricter liscencing and accountability especially in regards to ...
A Few Things You Should Know
He testified on October 24, 2007 before the House Committee on Financial Services on HR 3915, The Mortgage Reform and Anti-Predatory Lending Act of 2007. Just a few tidbits that the MSM hasn't spoken about. Senator McCain's hands are ...
Virginia Foxx ... 'What, Me Worry?'
Foxx voted NO on HR 3915, "The Mortgage Reform and Anti-Predatory Lending Act," which would have established licensing and registration requirements for residential mortgage originators and would have provided certain minimum standards ...
Hey Robert! Its OK to be bi-partisan
He voted against the Mortgage Reform and Anti-Subprime Lending Act (HR 3915). The purpose of that legislation was to make requirements for mortgage loans originators uniform and would have required a full disclosure of the maximum costs ...
The Bailout: The Inmates are Running the Asylum
Furthermore, last fall, Barney Frank wasted everyone's time for a month with HR 3915. He attempted to remove Yield Spread Premium, a tool of a mortgage broker to make money, and that would have ended the mortgage broker industry. ...
$700 Billion Bail Out Passes Congress⦠WaMu Execs Make Out Like ...
Those new rules combined with HR 3915, the âThe Mortgage Reform and Anti-Predatory Lending Act of 2007â, which the House passed last yearâand that Senator Dodd assures me the Senate will address this yearâwill make the problem of ...
Financial crisis and bailout: 9 letters
Musgrave voted against reforming mortgage practices and preventing predatory lending less than a year ago (H HR 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007). We donât need politicians who backtrack; we need those ...
tx cd 19: doherty highlights mccaulâs catering to wall street ...
[hr 3915, vote # 1118, 11/15/07]. mccaul was against the âsay on payâ measure to end golden parachutes. in 2007, mccaul voted against legislation to allow shareholders of public companies to vote on a companyâs executive compensation ...
Mitchell challenges Bilirakis over federal bailout plan
Mitchell, 61, questioned Bilirakisâ votes against the Housing and Economic Recovery Act of 2008, which includes provisions for foreclosure assistance, and HR 3915, designed to curtail predatory lending practices. ...
housing mess and congress-2007
hr 3915 would create a national licensing system for loan originators and attempts to limit the payment of yield spread premiums or other incentives used to steer borrowers into higher cost loans. the bill would also require lenders to ...
Madville Times: Bush Wants $700B Blank Check for Treasury
Unfortunately, if these low-incomes do this even with more help from the 'Bailout' and all these other bills, and there's even MORE than these,HR-1852, HR-3915, HR-4351, HR-3996, HR-2206 & HR-1562, then they will probably do as they ...
Can Congress Bailout the US financial System? Should it?
Congress has several ideas on the table to consider (HR 5830, HR 3915, HR 5818, S. 2338, S. 2636, just to name a few). Is setting up a new RTC to deal with the current crisis a good idea? To my Congressional readers - of whom there are ...
congresswoman biggert promotes appraisal independence
15 as part of hr 3915. while it is unlikely that congress will act on this legislation by the end of the year, it is not out of the realm of possibility. and with housing still a top issue for the nation, i suspect there will be some ...
âwestmoreland let the foxes guard the henhouse on the economyâ
last year westmoreland opposed hr 3915, the mortgage reform and anti-subprime lending act, a bill that would prohibit mortgage lenders from steering borrowers to loans that the borrower lacks a âreasonable abilityâ to repay. ...
Glossary: Hedge Funds - HR 3915
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z Hedge Funds â speculative funds [...]
ada improvements pass senate
in late june, the house passed similar legislation (hr 3915) that also embodies the compromise. however, it is not identical, so the bill must again return to the house for approval before it moves to the white house. ...
As of the 2004 census more than two and a half million small ...
... the ones with the most to lose would the Anti-Predatory Lending Act be passed as it is now written. - Lendfast.com Self-working borrowers will be hurt the most had better Senate Democrats have their way with the proposed bill HR 3915.
Are You Finding It Hard to Trust the Housing Market?
For example, the National Association of Mortgage Brokers reported on 11/15/07 that HR 3915 will mean more regulation of the mortgage industry. NAMB also touts how advantageous this bill will prove for consumers and small business. ...
Mortgage Lenders Donââ¬â¢t Want The Bill For Mortgage Problems
Mortgage Lenders Donââ¬â¢t Want The Bill For Mortgage Problems. Within the bill (HR 3915: Mortgage Reform and Anti-Predatory Le...
OpenCongress - U.S. Congress - H.R.6694 FHA Seller-Financed ...
hr 3915 (2), hr 5769 (1), hr 6694 (2), html (2), hud1 (3), hud homes (1), humor (9), illiquidity (1), implosion (3), inspiration (2), integrity (15), integriy (1), interest rates (33), investing (4), investment financing (1) . ...
H.R. Bill 3915â¦No More YSP! â Mortgage Industry Blog
Expect this in the coming days as the official debate on HR 3915 is scheduled for next Tuesday, November 6th. Again, we are working around the clock in good faith to ensure that a revised bill addresses and resolves many of the concerns ...
Appraisal Organizations Weigh in on HR 3915
This post is a response I read on AppraisalScoop.com regarding a letter to Senator Chuck Hagel from a coilition of appraisal organizations regarding HR 3915 Mortgage Reform and Anti-predatory Lending Act of 2007. ...
Linwood Real Estate Lincoln New Hampshire
HR 3915 is vaguely written and enables borrowers to sue their lenders for giving them a loan should they decide not to pay. Allow me to break this down. I ask you for a loan. I tell you that I can afford the loan. You loan me the money. ...
NC Mortgage Brokers
Last week, The House Financial Services Committee met to discuss amendments to HR 3915 and voted 45 to 19 in favor of sending it to the House. While the bill is filled with good intentions and does contain some reasonable and necessary ...
Mortgage Reform Anti-Predatory Lending - more federal legislation ...
Richard, call out the cavalry! We are under serious attack. While Federal authorities can not regulate market economics (Service Release Premiums SRP or Gain On Sale GOS), Yield Spread Premium YSP is another story. ...
Mortgage Reform Anti-Predatory Lending - more federal legislation ...
New legislation is coming through the House Financial Services Committee as additional response to the housing crisis and to the increase in foreclosures. The bill targets mortgage brokers and yield spread premiums. ...
Comment by Jim C (August 20, 2008, 01:00:00)
Under regulation caused the problem. The gambling set and the sharking crowd need to have set expectations or they mislead borrowers, give inflated appraisals at sale, steer people toward bad loans instead of loans which they are ...
Yield Spread Premium, YSP
Yield Spread Premium and HR 3915 â Mortgage News Daily. The content on this page (except for some HTML markup) is a verbatim copy (as of June, 28, 2008) of the respective page on the subject at Wikipedia, the free encyclopedia, ...
Bill's Views
- Today: 6
- Past Seven Days: 36
- All-Time: 5,901
67%
Users Support Bill
4 in favor / 2 opposed-
Share This Bill
More Share via Email
