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 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

There are 4 statements associated with H.R.2673.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.2673.

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.)

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