S.1299 - Borrower's Protection Act of 2007

A bill to establish on behalf of consumers a fiduciary duty and other standards of care for mortgage brokers and originators, and to establish standards to assess a consumer's ability to repay, and for other purposes. view all titles (2)

All Bill Titles

  • Short: Borrower's Protection Act of 2007 as introduced.
  • Official: A bill to establish on behalf of consumers a fiduciary duty and other standards of care for mortgage brokers and originators, and to establish standards to assess a consumer's ability to repay, and for other purposes. as introduced.

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This is a list of the blog posts on this bill rated most useful by the "My OpenCongress" community. You can help by clicking "Yes" or "No" next to each post where it reads, "Was this article useful?"
11/22/08
Unsere Goldene Regel « Harry Amon’s Weblog

(Sikhismus, Guru Grath Sahib, S. 1299). „Lade keiner Seele Lasten auf, die du selbst nicht tragen möchtest …!“ (Bahá’i, Gleanings from the Writings of Bahá’u'lláh 66:8). „… tue nichts, was du nicht möch

11/11/08
Dienstag, 11. November 2008: Durcheinander

(Johnson, aa O., S. 1299) - Doch hier irrt der Dichter. Neben dem sterbenden Robert Kennedy kniete keine Frau, sondern der mexikanische Hoteldiener Juan Romero (17); und er war es, der seinen Rosenkranz aus der Tasche zog, ...

11/02/08
Reporting Issues Under the Home Mortgage Disclosure Act: Open CRS ...

Bills introduced in the 110th Congress, such as S. 1299 (Senator Charles Schumer et al.) and S. 2452 (Senator Christopher Dodd et al.) would seek to remedy perceived abuses particularly with higher-priced mortgage lending. ...

10/31/08
Reporting Issues Under the Home Mortgage Disclosure Act

Bills introduced in the 110th Congress, such as S. 1299 (Senator Charles Schumer et al.) and S. 2452 (Senator Christopher Dodd et al.) would seek to remedy perceived abuses particularly with higher-priced mortgage lending. ...

09/21/08
Reformers

Related Bills: S.1299 Latest Major Action: 12/12/2007 Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. SUMMARY AS OF: 12/12/2007--Introduced. ...

09/21/08
The Washington Monthly

Related Bills: S.1299. Latest Major Action: 12/12/2007 Referred to Senate committee. Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. SUMMARY AS OF: 12/12/2007--Introduced. ...

08/10/08
25 neue Nachrichten zu 14 Themen - Übersicht

(Raul Hilberg, Vernichtung der europäischen Juden S. 1299). Zur Begründung der Postings siehe den wöchentlich versandten Text mit dem Betreff: Nazis, ab in den sozialen Verachtungstod!!! URL http://www.martinblumentritt.de ...

01/30/08
Why The Homelessness Pandemic Exists

S. 1299 [103rd]: Multifamily Housing Property Disposition Reform Act of 1994. Replaces the Housing and Community Development Act of 1994; changes the way Section 8 is funded, to the detriment of recipients. ...

01/29/08
Update Indian Heath Care Improvement Act (S.1299(

From the Friends Committee on National Legislation: Say Yes to Health and Fairness The health delivery system for American Indians and Alaska Natives is out of date. The Indian Health Care Improvement Act, enacted in 1976, ...

Source: ArmonieMuse
01/23/08
Niedersächsisches Oberverwaltungsgericht - Rechtsprechungsdatenbank

S. 1299) und vom 4. Dezember 1997 (Nds. MBl. 1998 S. 705)) und „Das Geschäftsgebiet des Unternehmens (der Anstalt) ist…“ (vgl. jeweils § 2 der Satzung der Oldenburgischen Landesbrandkasse vom 7. Oktober 1994 (Nds. MBl. ...

12/22/07
Larry Lindsey Gets it Right

One leading proposal is a bill called S. 1299, offered by Sen. Chuck Schumer of New York. Mr. Schumer is a senior Democrat on the Banking Committee and the third-ranking member of his party in the entire Senate, so any proposal he makes ...

12/17/07
Novel Solution to Mortgage Problems for the Individual

As per your request I have compiled a couple notes on the bill S. 1299 for Borrowers Protection. In general I support the bill and it’s intent. However it needs tweaked and it is important to note; the last thing you want to do is pass ...

Source: Econ101
12/14/07
WashingtonWatch.com - S. 2452, The Home Ownership Preservation and ...

The Borrower's Protection Act of 2007 (S. 1299). See Bills on the Same Subject: Administrative procedure, Business, Commercial arbitration, Consumer credit, Consumer protection, Consumers, Credit unions, Criminal justice, Damages, ...

12/11/07
OpenCongress - U.S. Congress - S.2452 Home Ownership Preservation ...

Related Bills:. S.1299 ... [3]; S.1299 Borrower's Protection Act of 2007 [2]; H.R.1257 Shareholder Vote on Executive Compensatio... [1]; H.R.1542 Healthy Families Act [1]; H.R.1065 Nonadmitted and Reinsurance Reform Act of... [1] ...

11/03/07
OpenCongress - U.S. Congress - H.R.1065 Nonadmitted and ...

S.1299 Borrower's Protection Act of 2007 [1]; H.R.3121 Commission on Natural Catastrophe Risk Ma... [1]; H.R.3915 Expand and Preserve Home Ownership Throug... [1]; H.R.3200 National Insurance Act of 2007 [1]; H.R.5840 Insurance ...

09/13/07
Predatory Lending and Subprime Developments

Chuck Schummer (D – N.Y.) and two co-sponsors introduced the "Borrower's Protection Act of 2007" (S. 1299) that would establish a fiduciary relationship between a mortgage broker and borrower. It would prohibit mortgage originators from

08/24/07
Minnesota 2020 -- “But Where Will They Go?”: Addressing the Scope ...

For more information about affordable housing issues in Minnesota, visit MHP’s Web site. Rep. Ellison and Sen. Charles Schumer of New York have introduced predatory lending bills (H.R. 3081 and S.1299) that will be taken up after Labor ...

08/18/07
Manhattan Beach Confidential: Jumbo Rates Spike

Lindsey argued that a bill, S. 1299, by Sen. Charles Schumer (D-NY), threatens to limit consumers' choice of mortgage products and crash the housing market. Bad idea. Instead:. The key to getting America out of its current housing and ...

08/09/07
Study Finds Income No Protection Against Loan Discrimination

Senator Schumer's Borrower's Protection Act of 2007 or S. 1299 would require sound underwriting based on borrowers' ability to pay and prevent lenders from steering minorities and other protected classes to high-cost ...

08/08/07
Larry Lindsey Gets it Right

One leading proposal is a bill called S. 1299, offered by Sen. Chuck Schumer of New York. Mr. Schumer is a senior Democrat on the Banking Committee and the third-ranking member of his party in the entire Senate, so any proposal ...

08/06/07
WSJ On "Mortgage Madness"

One leading proposal is a bill called S. 1299, offered by Sen. Chuck Schumer of New York. Mr. Schumer is a senior Democrat on the Banking Committee and the third-ranking member of his party in the entire Senate, so any proposal he makes ...

Source: Loan Stuff
08/05/07
Mortgage minefield?

Former fed governor Larry Lindsey, in Friday's WSJ:One leading proposal is a bill called S. 1299, offered by Sen. Chuck Schumer of New York. Mr. Schumer is a senior Democrat on the Banking Committee and the third-ranking member of his. ...

08/04/07
Mortgage Madness - WSJ.com

Borrowers who had planned on refinancing then may be stopped by the requirements in S. 1299. Unable to pay the new reset rate and barred by law and regulation from easy access to refinancing, many or most of these borrowers could have ...

08/04/07
Mortgage minefield?

One leading proposal is a bill called S. 1299, offered by Sen. Chuck Schumer of New York. Mr. Schumer is a senior Democrat on the Banking Committee and the third-ranking member of his party in the entire Senate, so any proposal he makes ...

08/04/07
Mortgage Madness

Oddly, in the various presidential debates, the candidates have not been asked about these plans, leaving both homeowners and financial markets in the dark. One leading proposal is a bill called S. 1299, offered by Sen. ...

08/04/07
Back to the 70s

Borrowers who had planned on refinancing then may be stopped by the requirements in S. 1299. Unable to pay the new reset rate and barred by law and regulation from easy access to refinancing, many or most of these borrowers could have ...

08/03/07
An Interesting and Thoughtful Article From Lawrence Lindsey

One leading proposal is a bill called S. 1299, offered by Sen. Chuck Schumer of New York. Mr. Schumer is a senior Democrat on the Banking Committee and the third-ranking member of his party in the entire Senate, so any proposal he makes ...

08/02/07
Mortgage-Market Reform - Panic & Tort Craziness

Lindsey argues how the legal aspects of S. 1299 could make every enterprise in the mortgage loop prey for trial lawyers. And there are plenty of businesses in that loop. Mortgages once granted to the homeowners morph into financial ...

07/26/07
New Bill to Protect Consumers

Will mortgage broker bonds be considered a higher risk to write if Senate Bill Number S.1299, also known as the "Borrower's Protection Act of 2007", were to pass into law? This bill was introduced to federally regulate mortgage brokers' .

07/04/07
Hearing on Ending Mortgage Abuse Touches on Strengthening ...

... mortgages are offered based on sound independent appraisals. S. 1299, the "Borrowers Protection Act" also contains provisions that would prohibit improperly influencing the appraisal process, and strengthening appraisal independence.

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