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Searching...- Bills
- H.R.3012
H.R.3012: Fair Mortgage Practices Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced July 12, 2007
- Latest Major Action July 12, 2007
Bill Sponsor
Bill Cosponsors
15 (All Republicans)
Bill Summary
Fair Mortgage Practices Act of 2007 - Prohibits any person, with certain exceptions, from engaging in the business of loan origination without first obtaining and maintaining a registration or a state license as a loan originator. Imposes on the federal banking agencies the sole responsibility for developing a system of registration for loan originators. Directs the Secretary of Housing and Urban Development (HUD) to establish a system for:...
(Source: Library of Congress)
Bill Actions
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Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Referred to House Financial Services
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Referred to House Judiciary
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| July 12, 2007 |
Introduced in the House by Spencer Bachus (R-Ala.) |