Category Archives: Banking & Finance

H.R.3971 – Community Institution Mortgage Relief Act of 2017

TheWeekInCongress.com (TM) Week ending December 8, 2017 H.R.3971 – Community Institution Mortgage Relief Act of 2017  Brief – H.R. 3971 would amend the Truth in Lending Act to exempt a lender from the requirement to hold escrow funds if that lender has consolidated assets of $25 billion or less and if it holds the mortgage […]

H.R.477 – Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2017

TheWeekInCongress.com (TM) Week ending December 8, 2017 H.R.477 – Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2017 Brief – “H.R. 477, the “Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act of 2017”, amends the Securities Exchange Act of 1934 (Exchange Act) to create a simplified federal registration system for brokers known […]

H.R.1699 – Preserving Access to Manufactured Housing Act of 2017

TheWeekInCongress.com (TM) Week ending December 1, 2017 H.R.1699 – Preserving Access to Manufactured Housing Act of 2017 Brief – HR 1699 amends the Truth in Lending Act (TILA) and the Safe Mortgage Licensing Act to change the definition of three terms related to the acts. “. Under TILA, employees of manufactured-home retailers that do not […]

H.R.3973 – Market Data Protection Act of 2017

TheWeekInCongress.com (TM) Week ending November 17, 2017 H.R.3973 – Market Data Protection Act of 2017 Brief – HR 3973 requires that the consolidated audit trail (CAT) develop internal risk control mechanisms to safeguard the storage and use of market data. Under the bill the SEC must confer with securities associations and the CAT operator on […]

H.R.3911 – Risk-Based Credit Examination Act

TheWeekInCongress.com (TM) Week ending November 10, 2017 H.R.3911 – Risk-Based Credit Examination Act Brief – H.R. 3911 would authorize the Office of Credit Ratings to include the results from any examination of nationally recognized statistical rating organizations in eight specified review areas in its annual reviews. Section 932 of the Dodd Frank Act creates an […]

H.R.3705 – Veterans Fair Debt Notice Act of 2017

TheWeekInCongress.com (TM) Week ending November 10, 2017 H.R.3705 – Veterans Fair Debt Notice Act of 2017 Brief – HR 3705 directs the Secretary of Veterans Affairs to require the use of certified mail and plain language in certain debt collection activities. Not later than 120 days after the date of enactment of this Act, the […]

H.R.3122 – Veterans Care Financial Protection Act of 2017

TheWeekInCongress.com (TM) Week ending November 10, 2017 H.R.3122 – Veterans Care Financial Protection Act of 2017 Brief – Under HR 3122 The Secretary of Veterans Affairs shall work with the heads of Federal agencies, States, and such experts as the Secretary considers appropriate to develop and implement Federal and State standards that protect individuals from […]

H.R.2201 – Micro Offering Safe Harbor Act

TheWeekInCongress.com (TM) Week ending November 10, 2017 H.R.2201 – Micro Offering Safe Harbor Act Brief – H.R. 2201 amends the Securities Act of 1933 (Securities Act) to exempt certain micro-offerings from the Act’s registration requirements. An issuer of securities would not violate the Act when making a non-public securities offering if all of the following […]

H.R.2148 – Clarifying Commercial Real Estate Loans

TheWeekInCongress.com (TM) Week ending November 10, 2017 H.R.2148 – Clarifying Commercial Real Estate Loans Brief – HR 2148 amends the Federal Deposit Insurance Act to clarify capital requirements for certain acquisition, development, or construction loans. The appropriate Federal banking agencies may only subject a depository institution to higher capital standards with respect to a high […]

H.Res.422 – Urging adherence to the “one country, two systems” policy as prescribed in the Joint Declaration between the Government of the United Kingdom of Great Britain and the Government of the People’s Republic of China on the Question of the Hong Kong.

TheWeekInCongress.com (TM) Week ending November 3, 2017 H.Res.422 – Urging adherence to the “one country, two systems” policy as prescribed in the Joint Declaration between the Government of the United Kingdom of Great Britain and the Government of the People’s Republic of China on the Question of the Hong Kong. Brief – H.Res. 422 urges […]