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- H.R.7267
H.R.7267: Mortgage Credit Repair Act of 2008
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about finance and financial sector
- Introduced Oct. 3, 2008
- Latest Major Action Oct. 3, 2008
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Mortgage Credit Repair Act of 2008 - Amends the Fair Credit Reporting Act to define "front end ratio" as a ratio that indicates what portion of an individual's income is used to make mortgage payments, calculated by dividing an individual's gross monthly income by their housing expenses, particularly the mortgage principal, interest, taxes, and insurance (PITI). Prohibits a consumer reporting agency from making a consumer report containing...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
| Oct. 3, 2008 |
Introduced in the House by Kendrick B. Meek (D-Fla.) |