To amend the definition of mortgage originator under the Dodd-Frank Wall Street Reform and Consumer Protection Act to include certain employees of a retailer of manufactured homes.
Latest action · Dec 21, 2012 Sponsor introductory remarks on measure. (CR E1987-1988)
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.
- IntroducedDec 20, 2012
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Amends the Mortgage Reform and Anti-Predatory Lending Act, title XIV of the Dodd-Frank Wall Street Reform and Consumer Protection Act, to reverse the exclusion from treatment as a mortgage originator, and recognize as a mortgage originator, an employee of a retailer of manufactured homes who receives compensation or gain for taking a residential mortgage loan application, assisting a consumer in obtaining or applying to obtain a residential mortgage loan, or offering or negotiating the terms of such a loan, if the compensation or gain exceeds that received in a comparable cash transaction.
Cosponsors
Members who signed on, in the order they did.
Actions 3
Everything that happened, newest first.
- Dec 21, 2012Sponsor introductory remarks on measure. (CR E1987-1988)
- Dec 20, 2012Introduced in House
- Dec 20, 2012Referred to the House Committee on Financial Services.
Subjects
Assigned by the Library of Congress. Policy area: Housing and Community Development.
Text 1
Each version as it was printed, newest first.
- Dec 20, 2012Introduced 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.