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- S.1002
S.1002: Home Building Lending Improvement Act of 2013
About This Bill
- Introduced May 21, 2013
- Latest Major Action May 21, 2013
Bill Sponsor
Bill Cosponsor
Bill Summary
Home Building Lending Improvement Act of 2013 - Directs each of the appropriate federal banking agencies to initiate guidance or rulemaking with respect to financial institutions under their respective jurisdictions that make real estate loans to home builders. Requires such rulemaking to provide for: (1) adjustment from 100% to 125% of bank capital the measurement that triggers additional scrutiny on real estate loans in the lending portfolio...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| May 21, 2013 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| May 21, 2013 |
Introduced in the Senate by Robert Menendez (D-N.J.) |