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- H.R.5786
H.R.5786: Small Financial Institutions Regulatory Relief Act of 2014
About This Bill
- This bill was introduced in the 113th Congress
- This bill is primarily about finance and financial sector
- Introduced Dec. 3, 2014
- Latest Major Action Dec. 3, 2014
Bill Sponsor
Bill Cosponsor
Bill Summary
Small Financial Institutions Regulatory Relief Act of 2014 - Amends the Truth in Lending Act (TILA), with respect to minimum standards for residential mortgage loans and the presumption of ability to repay, to treat as a "qualified mortage" any residential mortgage loan made by a creditor having less than $10 billion in total assets, so long as the loan is originated and retained in creditor's portfolio for the duration of the loan term....
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Dec. 3, 2014 |
Referred to the House Committee on Financial Services.
|
| Dec. 3, 2014 |
Introduced in the House by James Lankford (R-Okla.) |