News 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.
April 12, 2008 Addressing the Cause and Effect of the Credit Crisis, Legislating ...
On a positive note, some hints of prudence relative to such processes do appear to be hidden in HR 3915. (ii) Performs each appraisal in conformity with the ...
April 03, 2008 Attempts to stem abusive practices failed
HR 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007, was passed by the House on Nov. 15, 2007. The bill is now in the Senate Committee on ...
January 02, 2008 Nationwide licensing system for mortgage brokers debuts
But lawmakers in the House of Representatives endorsed the idea by incorporating it into HR 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007 ...
January 01, 2008 The Cult of Plausible Deniability
HR 3915, a bill drafted by the House Committee on Financial Services, exemplified the legislative mentality needed to reform the real estate industry in ...
December 20, 2007 Keep feds out of mortgage market
A bill has just passed the House of Representatives, HR 3915, and will be going to the Senate. It will essentially shut down the subprime market completely ...
December 18, 2007 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 ...
December 17, 2007 House bill may worsen climate for subprime borrowers
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 ...
December 13, 2007 Senate Democrats propose new restrictions on mortgage lenders
And while the House bill, HR 3915, would create a national registration system for all mortgage originators requiring background checks, fingerprinting, ...
December 12, 2007 MBA loses top lobbyist to title insurers' association
... such as HR 3915, the Mortgage Reform and Anti-Predatory Lending Act, and HR 3609, the Emergency Home Ownership and Mortgage Equity Protection Act. In ...
December 11, 2007 NAFCU, Consumer Groups & Congress Strike 'Workable Solution' on ...
The subprime definition is taken from language passed by the House in HR 3915. The committee had postponed earlier mark-ups in part due to the concerns ...
December 10, 2007 House bill targeting payments to brokers unenforceable
One of the important objectives of The Mortgage Reform and Anti-Predatory Lending Act of 2007 (HR 3915), which passed the House of Representatives Nov. ...
December 07, 2007 Democrats Eager to Hone Economic Message
... D-Mass., who has brought forward several bills ( HR 3915 , 1852 and 1427) to try to ease the pain of the subprime mortgage crisis. ...
December 07, 2007 New mortgage broker guidelines hope to improve credible status
The objective of the bill (HR 3915) is to minimize problems stemming from the current mortgage crisis and protect borrowers from lending abuses that can ...
December 04, 2007 Administration Proposes Freezing Some Subprime Loans at Current Rates
Barney Frank , D-Mass., chairman of the House Financial Services Committee, pushed a broad mortgage bill ( HR 3915 ) through the chamber last month. ...
December 03, 2007 Payments to brokers don't always involve 'steering'
The Mortgage Reform and Anti-Predatory Lending Act of 2007 (HR 3915) is now winding its way through Congress. According to the bill's sponsor, Rep. ...
December 01, 2007 Payments to loan brokers don't always involve 'steering'
The Mortgage Reform and Anti-Predatory Lending Act of 2007 (HR 3915) is now working its way through Congress. According to the bill's sponsor, Rep. ...
November 30, 2007 US House of Representatives Passes Flawed, Inadequate Bill to ...
... the Chairman of the House Financial Services Committee, along with Congressmen Brad Miller (NC) and Mel Watt (NC) introduced legislation (HR 3915) ...
November 29, 2007 A Return to Vanilla
The House of Representatives recently passed HR 3915, the "Mortgage Reform and Anti-Predatory Lending Act of 2007." The bill is designed to require lenders ...
November 27, 2007 California Tenants Displaced by Foreclosures - Nov 27
Brad Miller (D-NC), Mel Watt (D-NC) and Barney Frank (D-MA) introduced HR 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007. ...
November 25, 2007 It's a return to the good ol' 30-year fixed-rate mortgage
Sure enough, less than a week after mcquiggan delivered his warning, Frank and a pair of fellow Democrats introduced HR 3915, the "Mortgage Reform and ...
November 21, 2007 Government's role in making homebuying less stressful
According to The Associated Press, HR 3915 would, in part: • "Ban lenders from making loans that borrowers don't have the ability to repay. ...
November 20, 2007 Mortgage Reform and Anti-predatory Lending Act of 2007 HR 3915
Politicians are eager to make sure that they are not the candidate on record who voted against the mortgage reform bill HR 3915. The LA Times, NY Times and ...
November 19, 2007 An Open Letter in Opposition to the Mortgage Reform and Anti ...
STUART, FL - The Mortgage Reform and Anti-Predatory Lending Act (HR 3915) was passed in the US House of Representatives by a vote of 291-127. ...
November 18, 2007 Foreclosures hit home
HR 3915 would require any mortgage lender to verify that the borrower has a "reasonable ability to repay" the loan based on documented income, ...
November 17, 2007 House mortgage bill offers no relief
If anything like HR 3915 eventually becomes law, mortgage lenders will have to add to their expertise a new set of skills: fortune telling. ...
November 17, 2007 House votes to tie Iraq funds to pullout
15 sent the Senate a bill (HR 3915) to crack down on easy-credit practices that have devastated segments of the US housing market. ...
November 16, 2007 MBA: Not Happy About House Bill’s Passage
The controversial house reform bill, HR 3915, passed the US House of Representatives Thursday with a vote of 291-127. Otherwise known as the Mortgage Loan ...
November 16, 2007 House Passes Mortgage Reform Legislation []
The bill, HR 3915, is titled “The Mortgage Reform and Anti-Predatory Lending Act of 2007.” The purpose of the legislation is to “establish a national ...
November 16, 2007 House bill would toughen lending rules
... the administration said in a statement. The bill, HR 3915, passed 291-127. It now goes to the Senate, where a similar bill has been stalled for weeks.
November 16, 2007 Reid Ditches Pay-Go Rule For AMT Patch []
The bill, HR 3915, is titled “The Mortgage Reform and Anti-Predatory Lending Act of 2007.” The purpose of the legislation is to “establish a national ...
