H.R.5907: Community Mortgage Lender Regulatory Act of 2016

About This Bill

Bill Summary

Community Mortgage Lender Regulatory Act of 2016 This bill amends the Consumer Financial Protection Act of 2010 to prohibit the Consumer Financial Protection Bureau (CFPB) from auditing, investigating, or taking an enforcement action against a responsible community mortgage lender unless requested to do so by one of several specified regulators or agencies. A "responsible community mortgage lender" is one that: (1) meets certain restrictions...

(Source: Library of Congress)

Bill Actions

Date Description
July 14, 2016
Referred to the House Committee on Financial Services.
July 14, 2016

Introduced in the House by Roger Williams (R-Texas)

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