US SB1828 | 2013-2014 | 113th Congress

Status

Spectrum: Moderate Partisan Bill (Republican 13-3-1)
Status: Introduced on December 16 2013 - 25% progression, died in committee
Action: 2013-12-16 - 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 2013 - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to revise the exclusion from the meaning of "mortgage originator" of any employee of a retailer of manufactured homes who does not for compensation or gain take residential mortgage loan applications, for compensation or gain offer or negotiate terms of a residential mortgage loan, or advise a consumer on loan terms (including rates, fees, and other costs). Excludes from the meaning of "mortgage originator," instead, any retailer of manufactured or modular homes or its employees unless the retailer or its employees receive compensation or gain for engaging in certain activities in excess of any compensation or gain received in a comparable cash transaction. Amends the Truth in Lending Act to revise the definition of "high cost mortgage."

Tracking Information

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Title

Preserving Access to Manufactured Housing Act of 2013

Sponsors


History

DateChamberAction
2013-12-16SenateRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Same As/Similar To

HB1779 (Related) 2014-05-22 - Ordered to be Reported by Voice Vote.

Subjects


US Congress State Sources


Bill Comments

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