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- H.R.2673
H.R.2673: Portfolio Lending and Mortgage Access Act
About This Bill
- This bill was introduced in the 113th Congress
- This bill is primarily about finance and financial sector
- Introduced July 11, 2013
- Latest Major Action Sept. 16, 2014
Bill Sponsor
Bill Cosponsors
55 (4 Democrats, 51 Republicans)
Bill Summary
Portfolio Lending and Mortgage Access Act - Amends the Truth in Lending Act with respect to the permission that a creditor may presume that a residential mortgage loan has met the requirement that, at the time the loan is consummated, the consumer has a reasonable ability to repay it, if the loan is a qualified mortgage. Treats as a qualified mortgage any residential mortgage loan made by a creditor so long as it appears on the creditor's...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Congressional Budget Office Estimate
Bill Actions
Date | Description |
---|---|
Sept. 16, 2014 |
Committee on Banking, Housing, and Urban Affairs. Hearings held.
|
May 22, 2014 |
Ordered to be Reported by the Yeas and Nays: 36 - 23.
|
May 22, 2014 |
Committee Consideration and Mark-up Session Held.
|
July 11, 2013 |
Referred to the House Committee on Financial Services.
|
July 11, 2013 |
Introduced in the House by Andy Barr (R-Ky.) |