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- H.R.4400
H.R.4400: Nonprofit Mortgage Licensing Clarification Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about housing and community development
- Introduced Dec. 16, 2009
- Latest Major Action Dec. 16, 2009
Bill Sponsor
Bill Cosponsors
92 (63 Democrats, 29 Republicans)
Bill Summary
Nonprofit Mortgage Licensing Clarification Act of 2009 - Amends the S.A.F.E. Mortgage Licensing Act of 2008 to permit a state to exempt from certain registration or licensing requirements any charitable organization exempt from federal tax (including their employees and agents acting as loan originators), if the organization: (1) executes loan originations in order to promote or facilitate homeownership for certain low-income, disabled, or...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Financial Services.
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Dec. 16, 2009 |
Introduced in the House by Heath Shuler (D-N.C.) |