US SB1751 | 2017-2018 | 115th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on August 3 2017 - 25% progression, died in committee
Action: 2017-08-03 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Preserving Access to Manufactured Housing Act of 2017 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. 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.

Tracking Information

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Title

Preserving Access to Manufactured Housing Act of 2017

Sponsors


History

DateChamberAction
2017-08-03SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Same As/Similar To

HB10 (Related) 2017-07-13 - Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-108.
HB1699 (Related) 2017-12-04 - Received in the Senate and 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.
HR635 (Similar To) 2017-11-30 - Motion to reconsider laid on the table Agreed to without objection.
SB2155 (Related) 2018-05-24 - Became Public Law No: 115-174.
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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