Home Mortgage Disclosure Adjustment Act

Fact Sheet API

Bill Number

HR 4997

Introduced

Apr 20, 2016

Latest Action

Referred to the House Committee on Financial Services.

Sponsor

Cosponsors

Topics

Banking and financial institutions regulation Business records Consumer credit Finance and Financial Sector Housing finance and home ownership

Full Text

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Votes

Summary

Home Mortgage Disclosure Adjustment Act

This bill amends the Home Mortgage Disclosure Act of 1975 to exempt from maintenance of mortgage loan records and disclosure requirements depository institutions that have originated in each of the two preceding calendar years:

fewer than 100 closed-end mortgage loans, and
fewer than 200 open-end lines of credit.

Actions

Apr 20, 2016

Referred to the House Committee on Financial Services.
Apr 20, 2016

Introduced in House

Amendments

Related Bills