Ask AI
Bill117th CongressFiled May 7, 2021Finance and Financial Sector
H.R. 3009

Improving Language Access in Mortgage Servicing Act of 2021

Bill journey · stage 2 of 5

Under committee review

Filed
Comm.
Floor
Both
Law

What it doesSummary reported to house, part i (Jun 15, 2022)

Improving Language Access in Mortgage Servicing Act of 2021

This bill establishes language translation requirements related to residential mortgage applications and servicing.

The Consumer Financial Protection Bureau (CFPB) must create a standard language preference form. Creditors and servicers must provide this form to consumers along with residential mortgage applications and certain notices related to a mortgage loan.

Upon notice of a consumer's language preference, creditors and servicers must provide (1) oral interpretation services; and (2) translated documents, if available.

The CFPB and the Federal Housing Finance Agency must publish translated documents used in association with a residential mortgage.

What just happenedJun 15, 2022

Placed on the Union Calendar, Calendar No. 281.

Who’s behind it

Rep. Garcia, Sylvia R. [D-TX-29](D-TX)Sponsor
1 cosponsor1 D
Read on Congress.gov
1cosponsors2committees12actions1related bills9subjects
  1. Jun 15, 2022CalendarsH12410

    Placed on the Union Calendar, Calendar No. 281.

  2. Jun 15, 2022DischargeH12300

    Committee on Veterans' Affairs discharged.

    Veterans' Affairs Committee
  3. Jun 15, 2022Committee5500

    Committee on Veterans' Affairs discharged.

    Veterans' Affairs Committee
  4. Jun 15, 2022CommitteeH12200

    Reported (Amended) by the Committee on Financial Services. H. Rept. 117-370, Part I.

    Financial Services Committee
  5. Jun 15, 2022Committee5000

    Reported (Amended) by the Committee on Financial Services. H. Rept. 117-370, Part I.

    Financial Services Committee
  6. Jul 26, 2021Committee

    Referred to the Subcommittee on Economic Opportunity.

    Economic Opportunity Subcommittee
  7. May 12, 2021Committee

    Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 29 - 24.

    Financial Services Committee
  8. May 12, 2021Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  9. May 7, 2021IntroReferralH11100

    Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Veterans' Affairs Committee
  10. May 7, 2021IntroReferralH11100

    Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Financial Services Committee
  11. May 7, 2021IntroReferralIntro-H

    Introduced in House

  12. May 7, 2021IntroReferral1000

    Introduced in House

Reported to House, Part IJun 15, 20228

Improving Language Access in Mortgage Servicing Act of 2021

This bill establishes language translation requirements related to residential mortgage applications and servicing.

The Consumer Financial Protection Bureau (CFPB) must create a standard language preference form. Creditors and servicers must provide this form to consumers along with residential mortgage applications and certain notices related to a mortgage loan.

Upon notice of a consumer's language preference, creditors and servicers must provide (1) oral interpretation services; and (2) translated documents, if available.

The CFPB and the Federal Housing Finance Agency must publish translated documents used in association with a residential mortgage.

Introduced in HouseMay 7, 2021

Improving Language Access in Mortgage Servicing Act of 2021

This bill establishes language translation requirements related to residential mortgage applications and servicing.

The Consumer Financial Protection Bureau (CFPB) must create a standard language preference form. Creditors and servicers must provide this form to consumers along with residential mortgage applications and certain notices related to a mortgage loan.

Upon notice of a consumer's language preference, creditors and servicers must provide (1) oral interpretation services; and (2) translated documents, if available.

The CFPB and the Federal Housing Finance Agency must publish translated documents used in association with a residential mortgage.

Improving Language Access in Mortgage Servicing Act of 2021 — Informed