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.

Comments Feed

  • textdog 01/16/2008 8:41am

    I was in Philadelphia in 2002-2003 when Bush came to speak and mentioned the predatory lending industry and how they mus tbe stopped. I watched him on this issue after he mentioned it and I guess he didn’t find anything he could do to stop what was happening. Living in Philadelphia where there were hundreds of signs seeking out low-income residents for sub-prime loans, I felt like the least we could do was take down those signs in poor neighborhoods.

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  • margereis 01/25/2008 10:47am

    It is not only sub prime loans that are the culprit. My disabled son and myself were put into a loan we could not afford. I started having second thoughts about the loan and wanted to back out and was told I could possibly be sued. Everyone knew I was not happy the way things were going but they just kept prompting me along with my son. We are now about to go into foreclosure and the good credit we had to be able to buy a home we could afford is long gone. The only solution the bank could come up with is We now don’t qualify to save the loan so they suggested we put the home up for sale. When I asked the broker who was working with me to relist it He said he did not think he could sell it now. What now????


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