Mortgage Servicing Clarification Act
Latest action · Mar 20, 2003 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJan 8, 2003
- Passed HouseMar 19, 2003
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Mortgage Servicing Clarification Act - Amends the Fair Debt Collection Practices Act to exempt from certain mandatory debt collection disclosures (that the debt collector is attempting to collect a debt and any information obtained will be used for that purpose) any servicer of federally related mortgage loans secured by first liens that include loans in default at the time such servicer became responsible for servicing such loans, if the servicer is also a debt collector whose collections are incidental to a primary function of servicing current federally related-mortgage loans.
Recorded votes 1
Newest first. Open one to see how every member voted.
| Roll call | Question | Result | Date |
|---|---|---|---|
| House 68 | On Motion to Suspend the Rules and Pass | Passed424–0 | Mar 19, 2003 |
Cosponsors 8
Members who signed on, in the order they did. Signatures ran from Jan 8, 2003 to Jan 27, 2003; 6 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CA | Brad Sherman | Original | Jan 8, 2003 |
| D-NY | Carolyn B. Maloney | Original | Jan 8, 2003 |
| D-NY | Gregory W. Meeks | Original | Jan 8, 2003 |
| D-PA | Paul E. Kanjorski | Original | Jan 8, 2003 |
| R-TX | Ron Paul | Original | Jan 8, 2003 |
| R-NC | Walter B. Jones | Original | Jan 8, 2003 |
| R-OH | Robert W. Ney | Jan 27, 2003 | |
| D-OH | Stephanie Tubbs Jones | Jan 27, 2003 |
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Jan 8, 2003 |
| Consumer Protection and Financial Institutions Subcommittee | Referred Feb 27, 2003 | |
| Senate | Banking, Housing, and Urban Affairs Committee | Referred Mar 20, 2003 |
Actions 11
Everything that happened, newest first.
- Mar 20, 2003Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Mar 19, 2003Considered as unfinished business. (consideration: CR H1988-1989)
- Mar 19, 2003Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 424 - 0 (Roll no. 68). (text: CR 3/19/2003 CR H1921)
- Mar 19, 2003Motion to reconsider laid on the table Agreed to without objection.
- Mar 18, 2003Mr. Royce moved to suspend the rules and pass the bill.
In the Congressional Record 2
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| House | Recorded votes H1989enact | — | Mar 19, 2003 |
| House | Debate and remarks H1921–H1923Text printed H1921 | Edward R. Royce R-CA, Gregory W. Meeks D-NY, Spencer Bachus R-AL | Mar 18, 2003 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| S. Hrg. 108-885 | CONSIDERATION OF REGULATORY REFORM PROPOSALS409 pages | Banking, Housing, and Urban Affairs Committee | Jun 22, 2004 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Fair Debt Collection Practices Act to exempt mortgage servicers from certain requirements of the Act with respect to federally related mortgage loans secured by a first lien, and for other purposes.
- Short Titles as Introduced
- Mortgage Servicing Clarification Act
- Short Titles as Passed House
- Mortgage Servicing Clarification Act
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
- Collection of accounts
- Commerce
- Consumer education
- Debtor and creditor
- Economics and Public Finance
- Federally-assisted loans
- Federally-guaranteed loans
- Finance and Financial Sector
- Government lending
- Government Operations and Politics
- Government paperwork
- Housing and Community Development
- Loan defaults
- Mortgage guaranty insurance
- Mortgages
Text 3
Each version as it was printed, newest first.
- Mar 20, 2003Referred in Senate
- Mar 19, 2003Engrossed in House
- Jan 8, 2003Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.