Category Archives: Housing

H.R.3030 Baudette Coast Guard Housing Conveyance Act

TheWeekInCongress.com (TM) Week ending April 29, 2016 H.R.3030 Baudette Coast Guard Housing Conveyance Act Brief – “This bill directs the Coast Guard to convey specified federal land (including buildings, structures, utilities, and miscellaneous facilities) in Baudette, Minnesota, to the city of Baudette, upon payment to the United States of the property’s fair market value.” The […]

H.R.3700 Housing Opportunity Through Modernization Act of 2015

TheWeekInCongress.com (TM) Week ending February 5, 2016 H.R.3700 Housing Opportunity Through Modernization Act of 2015 Brief – The committee report explains; “H.R. 3700, the Housing Opportunity Through Modernization Act of 2015, reforms certain Department of Housing and Urban Development (HUD) and Rural Housing Service programs in order to improve their effectiveness and provide enhanced opportunity […]

S.2393 Foreclosure Relief and Extension for Service members Act of 2015

TheWeekInCongress.com (TM) Week ending December 18, 2015 S.2393 Foreclosure Relief and Extension for Service members Act of 2015 Brief – An extended period of protections is temporarily provided for members of the uniformed services as related to mortgages, mortgage foreclosure, and eviction. The bill amends the Honoring America’s Veterans and Caring for Camp Lejeune Families […]

H.R.1210 Portfolio Lending and Mortgage Access Act

TheWeekInCongress.com (TM) Week Ending November 20, 2015 H.R.1210 Portfolio Lending and Mortgage Access Act Brief – The Congressional Research Service explains the bill this way, “This bill amends the Truth in Lending Act to create a safe harbor from lawsuit for creditors that are depository institutions for any failure to comply with certain requirements with […]

S.2036 Equity in Government Compensation Act of 2015

TheWeekInCongress.com (TM) Week Ending October 30, 2015 S.2036 Equity in Government Compensation Act of 2015 Brief – The bill would suspend the compensation package for the chief executive officers of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation and any affiliates. (Fannie Mae and Freddie Mac) The bill directs the Director […]

H.R.3192 Homebuyers Assistance Act

TheWeekInCongress.com (TM) Week Ending October 9, 2015 H.R.3192 Homebuyers Assistance Act Brief – “This bill prohibits until February 1, 2016, enforcement against any person of integrated disclosure requirements for mortgage loan transactions under the Real Estate Settlement Procedures Act of 1974, the Truth in Lending Act, and regulations issued under such Acts. CBO explains, “The […]

H.R.1529 Community Institution Mortgage Relief Act of 2015

TheWeekInCongress.com (TM) Week Ending July 17, 2015 H.R.1529 Community Institution Mortgage Relief Act of 2015 Brief – “H.R. 1529, the `Community Institution Mortgage Relief Act of 2015,’ amends the Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203) to create a legal safe harbor from escrow requirements for community financial institutions holding loans in […]

H.R.208 Superstorm Sandy Relief Act of 2015

TheWeekInCongress.com (TM) Week Ending July 17, 2015 H.R.208 Superstorm Sandy Relief Act of 2015 Brief – Congressional Research Service explains the bill “Requires the Administrator of the Small Business Administration to establish a loan program under which, for at least one year, a small business, homeowner, or renter that was located within a declared major […]

H.R.2482 Preservation Enhancement and Savings Opportunity Act of 2015

TheWeekInCongress.com (TM) Week Ending July 17, 2015 H.R.2482 Preservation Enhancement and Savings Opportunity Act of 2015 Brief – The Low-Income Housing Preservation and Resident Homeownership Act of 1990 (12 U.S.C. 4112) is amended by adding at the end the following new subsection: After the date of the enactment of the Preservation Enhancement and Savings Opportunity […]

H.R.251 Homes for Heroes Act of 2015

TheWeekInCongress.com (TM) Week Ending July 17, 2015 H.R.251 Homes for Heroes Act of 2015 Brief – The bill states that it “Amends the Department of Housing and Urban Development Act to establish in the Office of the Secretary of the Department of Housing and Urban Development (HUD) a Special Assistant for Veterans Affairs to: (1) […]