Home Loan Quality Transparency Act of 2019
Latest action · Feb 5, 2019 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.
- IntroducedFeb 5, 2019
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Home Loan Quality Transparency Act of 2019
This bill expands requirements for public disclosures by depository institutions and credit unions regarding mortgages and home equity lines of credit. Specifically, institutions originating fewer than 500 mortgage loans or open-end lines of credit annually are no longer exempt from certain financial reporting.
Cosponsors 15
Members who signed on, in the order they did. Signatures ran from Feb 5, 2019 to Jul 23, 2019; 12 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MD | Chris Van Hollen | Original | Feb 5, 2019 |
| D-NJ | Cory A. Booker | Original | Feb 5, 2019 |
| D-CA | Dianne Feinstein | Original | Feb 5, 2019 |
| D-MA | Elizabeth Warren | Original | Feb 5, 2019 |
| D-CA | Kamala D. Harris | Original | Feb 5, 2019 |
| D-NY | Kirsten E. Gillibrand | Original | Feb 5, 2019 |
| D-WA | Maria Cantwell | Original | Feb 5, 2019 |
| D-IL | Richard J. Durbin | Original | Feb 5, 2019 |
| D-NJ | Robert Menendez | Original | Feb 5, 2019 |
| D-OR | Ron Wyden | Original | Feb 5, 2019 |
| D-IL | Tammy Duckworth | Original | Feb 5, 2019 |
| D-MN | Tina Smith | Original | Feb 5, 2019 |
| D-CT | Richard Blumenthal | Feb 7, 2019 | |
| D-OH | Sherrod Brown | Apr 30, 2019 | |
| D-MN | Amy Klobuchar | Jul 23, 2019 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Banking, Housing, and Urban Affairs Committee | Referred Feb 5, 2019 |
Actions 2
Everything that happened, newest first.
- Feb 5, 2019Introduced in Senate
- Feb 5, 2019Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related bills 3
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 767 | Home Loan Quality Transparency Act of 2021 | Reintroduced Bill | Mar 16, 2021 |
| HR 963 | Home Loan Quality Transparency Act of 2019 | Identical bill | Feb 5, 2019 |
| HR 1500 | Consumers First Act | Related bill | May 23, 2019 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend the Home Mortgage Disclosure Act of 1975 to modify the exemptions from certain disclosure requirements.
- Short Title(s) as Introduced
- Home Loan Quality Transparency Act of 2019
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Feb 5, 2019Introduced in Senate
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.
