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Searching...- Bills
- H.R.1210
H.R.1210: Portfolio Lending and Mortgage Access Act
About This Bill
- Introduced March 3, 2015
- Latest Major Action Nov. 19, 2015
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
54 (All Republicans)
Bill Summary
Portfolio Lending and Mortgage Access Act (Sec. 2) This bill amends the Truth in Lending Act to create a safe harbor from lawsuit for creditors that are depository institutions for any failure to comply with certain requirements with respect to a residential mortgage loan, and the banking regulators are required to treat such a loan as a qualified mortgage, if the creditor has, since the loan's origination, held it on its balance sheet and all...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Congressional Budget Office Estimate
Bill Actions
| Date | Description |
|---|---|
| Nov. 19, 2015 |
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| Nov. 18, 2015 |
Motion to reconsider laid on the table Agreed to without objection.
|
| Nov. 18, 2015 |
Vote in the HouseOn passage Passed by the Yeas and Nays: 255 - 174 (Roll no. 636). (text: CR H8312) |
| Nov. 18, 2015 |
Vote in the HouseOn motion to recommit with instructions Failed by the Yeas and Nays: 184 - 242 (Roll no. 635). |
| Nov. 18, 2015 |
The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H8320)
|
| Nov. 18, 2015 |
DEBATE - The House proceeded with 10 minutes of debate on the Thompson (CA) motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment pending a reservation of a point of order. Subsequently, the reservation was removed. The amendment retains features of the Qualified Mortgage rule with respect to consumers who are veterans and members of the Armed Forces.
|
| Nov. 18, 2015 |
Mr. Thompson (CA) moved to recommit with instructions to the Committee on Financial Services. (consideration: CR H8319-8321; text: CR H8319)
|
| Nov. 18, 2015 |
The previous question was ordered pursuant to the rule. (consideration: CR H8319)
|
| Nov. 18, 2015 |
DEBATE - Pursuant to the provisions of H. Res. 529, the House proceeded with one hour of general debate on H.R. 1210.
|
| Nov. 18, 2015 |
Considered under the provisions of rule H. Res. 529. (consideration: CR H8311-8322)
|
| Nov. 17, 2015 |
Rules Committee Resolution H. Res. 529 Reported to House. Rule provides for consideration of H.R. 1210 and H.R. 3189. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Rule provides that H.R. 1210 shall be amended by the text of Rules Committee Print 114-34 and that the amendment printed in part A of the report from the Committee on Rules shall be separately debatable for 10 minutes. H.R. 3189 shall be amended by the text of Rules Committee Print 114-35 and modified by the amendment printed in Part B of the report. No further amendments other than those printed in Part C of the report shall be in order for H.R. 3189.
|
| Nov. 16, 2015 |
Placed on the Union Calendar, Calendar No. 251.
|
| Nov. 16, 2015 |
Reported by the Committee on Financial Services. H. Rept. 114-330.
|
| July 29, 2015 |
Ordered to be Reported by the Yeas and Nays: 38 - 18.
|
| July 29, 2015 |
Committee Consideration and Mark-up Session Held.
|
| July 28, 2015 |
Committee Consideration and Mark-up Session Held.
|
| June 11, 2015 |
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
|
| April 16, 2015 |
Committee on Banking, Housing, and Urban Affairs. Hearings held.
|
| March 3, 2015 |
Referred to the House Committee on Financial Services.
|
| March 3, 2015 |
Introduced in the House by Andy Barr (R-Ky.) |