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Home Ownership Preservation and Protection Act of 2007

A bill to amend the Truth in Lending Act to provide protection to consumers with respect to certain high-cost loans, and for other purposes.

previous 110th session of congress Other Bill Titles (2 more)

12/12/2007--Introduced.
Home Ownership Preservation and Protection Act of 2007 - Amends the Truth in Lending Act to redefine high-cost mortgages and attendant lending practices. Sets forth a new formula for points and fees for open-end loans, and provides for bona fide discount points.... more

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IntroducedresultVoted on by SenateresultVoted on by HouseresultConsidered By PresidentresultBill Becomes Law
December 12, 2007
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December 19, 2008 Appraisers and the Coming Financial Storm | Las Vegas Real Estate ...

Now a Senate Bill (S. 2452) has been introduced that would require appraisers to post a 1% bond based on the aggregate value of their appraisals. For most appraisers this would mean that their entire life’s savings would have to be ...

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Source: Las Vegas Real Estate Attorneys


December 12, 2008 Abusive Lending In The Subprime Market - Issue Summary | RIRealty.com

On December 12, 2007, Senate Banking Committee Chairman Chris Dodd (D-CT) introduced S. 2452, the “Homeownership Preservation and Protection Act of 2007,” which focuses on tighter lending standards, tougher consumer remedies and ...

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Source: RIRealty.com


December 09, 2008 The Christian Post Intelligencer: The Creation of Department of ...

A year later, on May 2, 2002, after refining and widening the scope of his original resolution, Representative Thornberry joined with Senator Lieberman to introduce H.R. 4660 and S. 2452 that will establish the Department of National ...

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Source: The Christian Post Intelligencer


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