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S. 3215

Home Mortgage Disclosure Adjustment Act

Home Mortgage Disclosure Adjustment Act

This bill amends the Home Mortgage Disclosure Act of 1975 to exempt from maintenance of mortgage loan records and disclosure requirements depository institutions that have originated in each of the two preceding calendar years:

  • fewer than 100 closed-end mortgage loans, and
  • fewer than 200 open-end lines of credit.

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sen. Rounds, Mike [R-SD](R-SD)Sponsor
1committees2actions1related bills4subjects
  1. IntroReferral

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Banking, Housing, and Urban Affairs Committee
  2. IntroReferral10000

    Introduced in Senate

Home Mortgage Disclosure Adjustment Act — Informed