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- H.R.3556
H.R.3556: Private Mortgage Insurance Consumer Protection Act
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about law
- Introduced May 30, 1996
- Latest Major Action June 14, 1996
Bill Sponsor
Bill Cosponsors
20 (14 Democrats, 6 Republicans)
Bill Summary
Private Mortgage Insurance Consumer Protection Act - Amends the Truth in Lending Act to prescribe guidelines under which a creditor must notify a consumer in writing of any cancellation rights with respect to private mortgage insurance if the consumer was required to obtain such insurance as a condition for entering into a residential mortgage transaction. Prohibits the imposition of any fee or cost to the consumer for such notification.
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Referred to the House Committee on Banking and Financial Services.
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Sponsor introductory remarks on measure.
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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| May 30, 1996 |
Introduced in the House by James V. Hansen (R-Utah) |