Financial Services Committee, Banking, Housing, and Urban Affairs Committee
Introduced
In Committee
On Floor
Passed Chamber
Enacted
(This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.) Preserving Access to Manufactured Housing Act of 2017 (Sec. 2) This bill amends the Truth in Lending Act (TILA) to specify that a retailer of manufactured housing is generally not a "mortgage originator" subject to requirements under that Act. Similarly, the bill amends the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 to specify that such a retailer is generally not a "loan originator" subject to requirements under that Act. (Sec. 3) In addition, the bill increases the annual percentage rates and transaction values at which mortgages for certain dwellings are considered "high-cost mortgages" under TILA.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 42 - 18.
Placed on the Union Calendar, Calendar No. 308.
Reported by the Committee on Financial Services. H. Rept. 115-416.
Rules Committee Resolution H. Res. 635 Reported to House. Rule provides for consideration of H.R. 4182 and H.R. 1699. Resolution provides for consideration of H.R. 4182 under a structured rule, with one hour of general debate, and one motion to recommit with or without instructions. Resolution also provides for consideration of H.R. 1699 under a closed rule, with one hour of general debate, and one motion to recommit with or without instructions.
Rule H. Res. 635 passed House.
Considered under the provisions of rule H. Res. 635. (consideration: CR H9573-9585)
Rule provides for consideration of H.R. 4182 and H.R. 1699. Resolution provides for consideration of H.R. 4182 under a structured rule, with one hour of general debate, and one motion to recommit with or without instructions. Resolution also provides for consideration of H.R. 1699 under a closed rule, with one hour of general debate, and one motion to recommit with or without instructions.
DEBATE - The House proceeded with one hour of debate on H.R. 1699.
Ms. Waters, Maxine moved to recommit with instructions to the Committee on Financial Services. (text: CR H9583)
Floor summary: DEBATE - The House proceeded with 10 minutes of debate on the Waters, Maxine (CA) motion to recommit with instructions. The instructions contained in the motion seek to report the same back to the House forthwith with an amendment to protect consumers from excessive costs and predatory lenders.
On motion to recommit with instructions Failed by the Yeas and Nays: 193 - 227 (Roll no. 650).
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 42 - 18.
Placed on the Union Calendar, Calendar No. 308.
Reported by the Committee on Financial Services. H. Rept. 115-416.
Rules Committee Resolution H. Res. 635 Reported to House. Rule provides for consideration of H.R. 4182 and H.R. 1699. Resolution provides for consideration of H.R. 4182 under a structured rule, with one hour of general debate, and one motion to recommit with or without instructions. Resolution also provides for consideration of H.R. 1699 under a closed rule, with one hour of general debate, and one motion to recommit with or without instructions.
Rule H. Res. 635 passed House.
Considered under the provisions of rule H. Res. 635. (consideration: CR H9573-9585)
Rule provides for consideration of H.R. 4182 and H.R. 1699. Resolution provides for consideration of H.R. 4182 under a structured rule, with one hour of general debate, and one motion to recommit with or without instructions. Resolution also provides for consideration of H.R. 1699 under a closed rule, with one hour of general debate, and one motion to recommit with or without instructions.
DEBATE - The House proceeded with one hour of debate on H.R. 1699.
Ms. Waters, Maxine moved to recommit with instructions to the Committee on Financial Services. (text: CR H9583)
Floor summary: DEBATE - The House proceeded with 10 minutes of debate on the Waters, Maxine (CA) motion to recommit with instructions. The instructions contained in the motion seek to report the same back to the House forthwith with an amendment to protect consumers from excessive costs and predatory lenders.
On motion to recommit with instructions Failed by the Yeas and Nays: 193 - 227 (Roll no. 650).
Banking and financial institutions regulationHousing finance and home ownershipHousing industry and standardsInterest, dividends, interest ratesReal estate businessRetail and wholesale trades
Preserving Access to Manufactured Housing Act of 2017
USA115th CongressHR-1699| House
| Updated: 12/4/2017
(This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.) Preserving Access to Manufactured Housing Act of 2017 (Sec. 2) This bill amends the Truth in Lending Act (TILA) to specify that a retailer of manufactured housing is generally not a "mortgage originator" subject to requirements under that Act. Similarly, the bill amends the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 to specify that such a retailer is generally not a "loan originator" subject to requirements under that Act. (Sec. 3) In addition, the bill increases the annual percentage rates and transaction values at which mortgages for certain dwellings are considered "high-cost mortgages" under TILA.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 42 - 18.
Placed on the Union Calendar, Calendar No. 308.
Reported by the Committee on Financial Services. H. Rept. 115-416.
Rules Committee Resolution H. Res. 635 Reported to House. Rule provides for consideration of H.R. 4182 and H.R. 1699. Resolution provides for consideration of H.R. 4182 under a structured rule, with one hour of general debate, and one motion to recommit with or without instructions. Resolution also provides for consideration of H.R. 1699 under a closed rule, with one hour of general debate, and one motion to recommit with or without instructions.
Rule H. Res. 635 passed House.
Considered under the provisions of rule H. Res. 635. (consideration: CR H9573-9585)
Rule provides for consideration of H.R. 4182 and H.R. 1699. Resolution provides for consideration of H.R. 4182 under a structured rule, with one hour of general debate, and one motion to recommit with or without instructions. Resolution also provides for consideration of H.R. 1699 under a closed rule, with one hour of general debate, and one motion to recommit with or without instructions.
DEBATE - The House proceeded with one hour of debate on H.R. 1699.
Ms. Waters, Maxine moved to recommit with instructions to the Committee on Financial Services. (text: CR H9583)
Floor summary: DEBATE - The House proceeded with 10 minutes of debate on the Waters, Maxine (CA) motion to recommit with instructions. The instructions contained in the motion seek to report the same back to the House forthwith with an amendment to protect consumers from excessive costs and predatory lenders.
On motion to recommit with instructions Failed by the Yeas and Nays: 193 - 227 (Roll no. 650).
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 42 - 18.
Placed on the Union Calendar, Calendar No. 308.
Reported by the Committee on Financial Services. H. Rept. 115-416.
Rules Committee Resolution H. Res. 635 Reported to House. Rule provides for consideration of H.R. 4182 and H.R. 1699. Resolution provides for consideration of H.R. 4182 under a structured rule, with one hour of general debate, and one motion to recommit with or without instructions. Resolution also provides for consideration of H.R. 1699 under a closed rule, with one hour of general debate, and one motion to recommit with or without instructions.
Rule H. Res. 635 passed House.
Considered under the provisions of rule H. Res. 635. (consideration: CR H9573-9585)
Rule provides for consideration of H.R. 4182 and H.R. 1699. Resolution provides for consideration of H.R. 4182 under a structured rule, with one hour of general debate, and one motion to recommit with or without instructions. Resolution also provides for consideration of H.R. 1699 under a closed rule, with one hour of general debate, and one motion to recommit with or without instructions.
DEBATE - The House proceeded with one hour of debate on H.R. 1699.
Ms. Waters, Maxine moved to recommit with instructions to the Committee on Financial Services. (text: CR H9583)
Floor summary: DEBATE - The House proceeded with 10 minutes of debate on the Waters, Maxine (CA) motion to recommit with instructions. The instructions contained in the motion seek to report the same back to the House forthwith with an amendment to protect consumers from excessive costs and predatory lenders.
On motion to recommit with instructions Failed by the Yeas and Nays: 193 - 227 (Roll no. 650).
Banking and financial institutions regulationHousing finance and home ownershipHousing industry and standardsInterest, dividends, interest ratesReal estate businessRetail and wholesale trades