H.R.3221: Securing Access to Affordable Mortgages Act

About This Bill

  • Introduced July 13, 2017
  • Latest Major Action March 8, 2018

Bill Cosponsors

2 (All Republicans)

Bill Versions

Bill Summary

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Securing Access to Affordable Mortgages Act (Sec. 2) This bill amends the Truth in Lending Act and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 to exempt from property appraisal requirements a mortgage loan of $250,000 or less if it appears on the loan creditor's balance sheet for at...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with H.R.3221.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.3221.

Bill Actions

Date Description
March 8, 2018
Placed on the Union Calendar, Calendar No. 448.
March 8, 2018
Reported by the Committee on Financial Services. H. Rept. 115-590.
Nov. 15, 2017
Ordered to be Reported by the Yeas and Nays: 32 - 26.
Nov. 15, 2017
Committee Consideration and Mark-up Session Held.
July 13, 2017
Referred to the House Committee on Financial Services.
July 12, 2017
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Introduction and Referral.
July 13, 2017

Introduced in the House by David Kustoff (R-Tenn.)

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