US HB3195 | 2009-2010 | 111th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on July 14 2009 - 25% progression, died in committee
Action: 2009-07-14 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Summary

National Home Mortgage and Loan Performance Registry Act of 2009 - Amends the Home Mortgage Disclosure Act of 1975 to require certain additional itemized mortgage loan data disclosures by depository institutions and mortgage servicers. Directs the Board of Governors of the Federal Reserve System to establish a National Home Mortgage and Loan Performance Registry to compile and make available information regarding the making of mortgage loans and their performance, including information regarding default and foreclosure occurrences and rates, for mortgage loans for single-family housing, multifamily housing, and small farms. Requires the Board to report quarterly to Congress, the Secretary of the Treasury, and the Secretary of Housing and Urban Development (HUD) regarding the performance of outstanding mortgage loans. Directs the Board and the Secretaries to report jointly to Congress regarding any additional actions or authority necessary to improve the Registry.

Tracking Information

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Title

National Home Mortgage and Loan Performance Registry Act of 2009

Sponsors


History

DateChamberAction
2009-07-14 Referred to the House Committee on Financial Services.

Subjects


US Congress State Sources


Bill Comments

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