Mortgage Reform and Anti-Predatory Lending Act of 2007
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| H.R.3915 (110th Congress) - Mortgage Reform and Anti-Predatory Lending Act of 2007 | Status: House Passed |
| Article summary (how summaries work) | |
The bill was introduced 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.[1] | |
Contents |
House Action
The House of Representatives voted on H.R. 3915 on November 15, 2007.
On Passage
| Dem | Rep | Other | |
| Ayes | 227 | 64 | 0 |
| Nays | 0 | 127 | 0 |
| Abst. | 5 | 9 | 0 |
Same for all scorecards:
- Name of bill: Mortgage Reform and Anti-Predatory Lending Act of 2007
- Chamber: U.S. House of Representatives
- Roll call number: 1118
- Congress number: 110th
- Session number: 1
- Vote link: U.S. House of Representatives record vote 1118, 110th Congress, Session 1
| Scored vote | |
|---|---|
|
Scorecard: FreedomWorks 2007 House Scorecard |
Org. position: |
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Description: "This bill imposes unnecessary regulations and exposes lenders to increased liability, which will have the net effect of making mortgage loans harder to get for many Americans. Although mortgage reform is necessary, HR 3915 fails to set clear guidelines for lending companies and opens the door for lawsuit abuse. “Nay” votes scored." (Original scorecard available at: http://www.freedomworks.org/keyvotes/2007_house.php?state=0&submit=Go) | |
| Scored vote | |
|---|---|
|
Scorecard: National Journal 2007 House Scorecard |
Org. position: |
|
Description: "Revise mortgage lending rules, including by setting minimum standards for home loans. November 15. (291-127)" (Original scorecard available at: http://www.nationaljournal.com/voteratings/house_votes.htm) | |
