To provide for a temporary safe harbor from the enforcement of integrated disclosure requirements for mortgage loan transactions under the Real Estate Settlement Procedures Act of 1974 and the Truth in Lending Act, and for other purposes.
Bill journey · stage 1 of 5
Just introduced
What it doesSummary introduced in house (May 1, 2015)
This bill prohibits until January 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.
No suit may be filed against any person for a violation of such requirements occurring before that date, as long as the person has made a good faith effort to comply with them.
What just happenedJun 11, 2015
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
Who’s behind it
- Introduced in HouseMay 1, 2015
- Jun 11, 2015Committee
Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.
Consumer Protection and Financial Institutions Subcommittee - May 1, 2015IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - May 1, 2015IntroReferralIntro-H
Introduced in House
- May 1, 2015IntroReferral1000
Introduced in House