US HB2948 | 2017-2018 | 115th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on June 20 2017 - 25% progression, died in chamber
Action: 2018-02-13 - Placed on the Union Calendar, Calendar No. 414.
Text: Latest bill text (Introduced) [PDF]

Summary

To amend the S.A.F.E. Mortgage Licensing Act of 2008 to provide a temporary license for loan originators transitioning between employers, and for other purposes. (Sec. 1) This bill amends the S.A.F.E. Mortgage Licensing Act of 2008 to temporarily allow loan originators that meet specified requirements to continue to originate loans after moving: (1) from one state to another, or (2) from a depository institution to a non-depository institution. (Sec. 2) The bill revises the Act's civil liability immunity provisions.

Tracking Information

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Title

To amend the S.A.F.E. Mortgage Licensing Act of 2008 to provide a temporary license for loan originators transitioning between employers, and for other purposes.

Sponsors


History

DateChamberAction
2018-02-13HousePlaced on the Union Calendar, Calendar No. 414.
2018-02-13HouseReported by the Committee on Financial Services. H. Rept. 115-552.
2017-12-13HouseOrdered to be Reported by the Yeas and Nays: 60 - 0.
2017-12-13HouseCommittee Consideration and Mark-up Session Held.
2017-12-12HouseCommittee Consideration and Mark-up Session Held.
2017-06-20HouseReferred to the House Committee on Financial Services.
2017-06-20HouseIntroduced in House

Same As/Similar To

HB10 (Related) 2017-07-13 - Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-108.
SB1753 (Related) 2017-08-03 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
HB3280 (Related) 2017-07-26 - Committee on Appropriations Senate Subcommittee on Financial Services and General Government. Hearings held on the subject prior to measure being received from the House. Hearings printed: S. Hrg. 115-191.
SB2155 (Related) 2018-05-24 - Became Public Law No: 115-174.
HB3978 (Related) 2018-02-15 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
HB3354 (Related) 2017-09-27 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 230.
HR905 (Similar To) 2018-05-22 - Motion to reconsider laid on the table Agreed to without objection.

Subjects


US Congress State Sources


Bill Comments

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