Category Archives: Housing

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) […]

HR 2997 the Private Investment in Housing Act of 2015

TheWeekInCongress.com (TM) Week Ending July 17, 2015 HR 2997 the Private Investment in Housing Act of 2015 Brief – The HUD Secretary is directed to establish a demonstration program under which the Secretary may execute budget-neutral, performance-based agreements in FY 2016 through 2019 with the goal of reducing energy and water costs with entities to […]

H.R.1047 Housing Assistance Efficiency Act

TheWeekInCongress.com (TM) Week Ending July 17, 2015 H.R.1047 Housing Assistance Efficiency Act Brief – The bill would amend the McKinney-Vento Homeless Assistance Act to allow a private nonprofit organization to administer permanent housing rental assistance provided through the Continuum of Care Program under the Act. Already allowed are state, local government, or public housing agencies. […]