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Bill115th CongressFiled Feb 16, 2017Housing and Community Development
H.R. 1153

Mortgage Choice Act of 2017

Bill journey · stage 2 of 5

Under committee review

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Comm.
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Law

What it doesSummary passed house without amendment (Feb 8, 2018)

(This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.)

Mortgage Choice Act of 2017

(Sec. 2) This bill amends the Truth in Lending Act to specify that neither escrow charges for insurance nor affiliated title charges shall be considered "points and fees" for purposes of determining whether a mortgage is a "high-cost mortgage." (A high-cost mortgage designation restricts the terms of the loan and requires a lender to make certain disclosures to the borrower.)

What just happenedFeb 12, 2018

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

Who’s behind it

Rep. Huizenga, Bill [R-MI-2](R-MI)Sponsor
17 cosponsors5 D12 R
Read on Congress.gov
17cosponsors2committees19actions4related bills4subjects
  1. Feb 12, 2018IntroReferral

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

    Banking, Housing, and Urban Affairs Committee
  2. Feb 8, 2018FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  3. Feb 8, 2018FloorH37100

    On passage Passed by the Yeas and Nays: 280 - 131 (Roll no. 64).

  4. Feb 8, 2018Floor8000

    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 280 - 131 (Roll no. 64).

  5. Feb 8, 2018FloorH30000

    Considered as unfinished business. (consideration: CR H981-982)

  6. Feb 7, 2018FloorH8D000

    POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 1153, the Chair put the question on passage of the bill, and by voice vote announced that the ayes had prevailed. Mr. Hensarling demanded the yeas and nays, and the Chair postponed further proceedings on the question of passage until a time to be announced.

  7. Feb 7, 2018FloorH35000

    The previous question was ordered pursuant to the rule.

  8. Feb 7, 2018FloorH8D000

    DEBATE - The House proceeded with one hour of debate on H.R. 1153.

  9. Feb 7, 2018FloorH8D000

    The resolution provides for one hour of debate on each measure. The resolution also waives the requirement of clause 6(a) of rule XIII for a two-thirds vote to consider a report from the Committee on Rules on the same day it is presented to the House with respect to any resolution reported through the legislative day of February 9, 2018. It shall be in order at any time on the legislative day of February 8, 2018 or February 9, 2018 for the Speaker to entertain motions to suspend the rules.

  10. Feb 7, 2018FloorH30000

    Considered under the provisions of rule H. Res. 725. (consideration: CR H906-965; text: CR H907)

  11. Feb 5, 2018FloorH1L210

    Rules Committee Resolution H. Res. 725 Reported to House. The resolution provides for one hour of debate on each measure. The resolution also waives the requirement of clause 6(a) of rule XIII for a two-thirds vote to consider a report from the Committee on Rules on the same day it is presented to the House with respect to any resolution reported through the legislative day of February 9, 2018. It shall be in order at any time on the legislative day of February 8, 2018 or February 9, 2018 for the Speaker to entertain motions to suspend the rules.

  12. Jan 22, 2018CalendarsH12410

    Placed on the Union Calendar, Calendar No. 387.

  13. Jan 22, 2018CommitteeH12200

    Reported by the Committee on Financial Services. H. Rept. 115-522.

    Financial Services Committee
  14. Jan 22, 2018Committee5000

    Reported by the Committee on Financial Services. H. Rept. 115-522.

    Financial Services Committee
  15. Nov 14, 2017Committee

    Ordered to be Reported by the Yeas and Nays: 46 - 13.

    Financial Services Committee
  16. Nov 14, 2017Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  17. Feb 16, 2017IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  18. Feb 16, 2017IntroReferralIntro-H

    Introduced in House

  19. Feb 16, 2017IntroReferral1000

    Introduced in House

Passed House without amendmentFeb 8, 201881

(This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.)

Mortgage Choice Act of 2017

(Sec. 2) This bill amends the Truth in Lending Act to specify that neither escrow charges for insurance nor affiliated title charges shall be considered "points and fees" for purposes of determining whether a mortgage is a "high-cost mortgage." (A high-cost mortgage designation restricts the terms of the loan and requires a lender to make certain disclosures to the borrower.)

Reported to House without amendmentJan 22, 201879

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Mortgage Choice Act of 2017

(Sec. 2) This bill amends the Truth in Lending Act to specify that neither escrow charges for insurance nor affiliated title charges shall be considered "points and fees" for purposes of determining whether a mortgage is a "high-cost mortgage." (A high-cost mortgage designation restricts the terms of the loan and requires a lender to make certain disclosures to the borrower.)

Introduced in HouseFeb 16, 2017

Mortgage Choice Act of 2017

This bill amends the Truth in Lending Act to specify that neither escrow charges for insurance nor affiliated title charges shall be considered "points and fees" for purposes of determining whether a mortgage is a "high-cost mortgage."

Mortgage Choice Act of 2017 — Informed