U.S. Congress - H.R.1486 Mortgage Credit Repair Act of 2009
H.R.1486 - Mortgage Credit Repair Act of 2009
To amend the Fair Credit Reporting Act with respect to requirements relating to information contained in consumer reports, and for other purposes. view all titles (2)
All Bill Titles
- Official: To amend the Fair Credit Reporting Act with respect to requirements relating to information contained in consumer reports, and for other purposes. as introduced.
- Short: Mortgage Credit Repair Act of 2009 as introduced.
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Official Summary
3/12/2009--Introduced.Mortgage Credit Repair Act of 2009 - Amends the Fair Credit Reporting Act to define "front end ratio" as a ratio that indicates what portion of an individual's income is used to make mortgage payments, calculated by dividing an individual's gross mOfficial Summary
3/12/2009--Introduced.Mortgage Credit Repair Act of 2009 - Amends the Fair Credit Reporting Act to define "front end ratio" as a ratio that indicates what portion of an individual's income is used to make mortgage payments, calculated by dividing an individual's gross monthly income by their housing expenses, particularly the mortgage principal, interest, taxes, and insurance (PITI). Prohibits a consumer reporting agency from making a consumer report containing cases under title 11 or under the Bankruptcy Act that antedate the report by more than three years when certain criteria are met. Includes among such criteria that a consumer's front-end debt ratio on a mortgage instrument originated or refinanced on or after January 1, 2003, was 37% or higher for at least six months before and continuing through the time that the bankruptcy is filed. Prohibits a consumer reporting agency from making a consumer report containing any adverse information excluding bankruptcy, but including closed accounts, amounts in collections, accounts charged to profit or loss, repossessions, and foreclosures, if certain circumstances have occurred....Read the Rest
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H.R.1486: Trans Fat Truth in Labeling Act of 2011 - U.S. Congress ...
A bill in the U.S. Congress: To direct the Commissioner of Food and Drugs to revise the Federal regulations applicable to the declaration of the trans fat content of a food on the label and in the labeling of the food ... - ... OpenCongress is a free and o
H.R. 1486 [110th]: Empowering Parents Through Choice Act (GovTrack.us)
12 Mar 2007
Lacy's "IMPORTANT" Piece of Legislation
Instead, Lacy presented HR 1486. This “important” bill would recognize June 11th 2011 as National Minority Golf Awareness Day. Take a minute and think about that. Lacy Clay is sponsoring a bill to make people aware of minorities playing ...
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