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114-hr-1210114th Congress

Portfolio Lending and Mortgage Access Act

Sponsored By: Representative Barr, Andy [R-KY-6]

Unknown

Summary

Portfolio Lending and Mortgage Access Act 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 respect to a residential mortgage loan, and the banking regulators are required to treat such a loan as a qualified mortgage, if the creditor has, since the loan's origination, held it on its balance sheet and all prepayment penalties with respect to the loan comply with specified limitations. A safe harbor from lawsuit is also created for mortgage originators for steering a consumer to a residential mortgage loan if: the creditor is a depository institution and has informed the mortgage originator that it intends to hold the loan on its balance sheet for the life of the loan, and the mortgage originator informs the consumer that the creditor intends to do so.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Barr, Andy [R-KY-6]

KY • R

Cosponsors

  • Rep. Emmer, Tom [R-MN-6]

    MN • R

    Sponsored 3/3/2015

  • PETER KING

    NY • R

    Sponsored 3/3/2015

  • Rep. Mulvaney, Mick [R-SC-5]

    SC • R

    Sponsored 3/3/2015

  • Rep. Young, David [R-IA-3]

    IA • R

    Sponsored 3/19/2015

  • Rep. Poe, Ted [R-TX-2]

    TX • R

    Sponsored 3/24/2015

  • Rep. Guthrie, Brett [R-KY-2]

    KY • R

    Sponsored 3/24/2015

  • Rep. Fleischmann, Charles J. "Chuck" [R-TN-3]

    TN • R

    Sponsored 3/25/2015

  • Rep. Brooks, Susan W. [R-IN-5]

    IN • R

    Sponsored 3/25/2015

  • Rep. Olson, Pete [R-TX-22]

    TX • R

    Sponsored 3/25/2015

  • Rep. Davis, Rodney [R-IL-13]

    IL • R

    Sponsored 4/13/2015

  • Rep. Curbelo, Carlos [R-FL-26]

    FL • R

    Sponsored 4/14/2015

  • Rep. Wilson, Joe [R-SC-2]

    SC • R

    Sponsored 4/14/2015

  • Rep. Pearce, Stevan [R-NM-2]

    NM • R

    Sponsored 4/14/2015

  • Rep. Collins, Chris [R-NY-27]

    NY • R

    Sponsored 4/14/2015

  • Rep. Johnson, Bill [R-OH-6]

    OH • R

    Sponsored 4/21/2015

  • Rep. Noem, Kristi L. [R-SD-At Large]

    SD • R

    Sponsored 4/21/2015

  • Rep. Stewart, Chris [R-UT-2]

    UT • R

    Sponsored 5/1/2015

  • Rep. Sessions, Pete [R-TX-17]

    TX • R

    Sponsored 5/13/2015

  • Sen. Cramer, Kevin [R-ND]

    ND • R

    Sponsored 5/13/2015

  • Rep. Duffy, Sean P. [R-WI-7]

    WI • R

    Sponsored 3/3/2015

  • Rep. Fincher, Stephen Lee [R-TN-8]

    TN • R

    Sponsored 3/3/2015

  • Rep. Guinta, Frank C. [R-NH-1]

    NH • R

    Sponsored 3/3/2015

  • Rep. Hill, J. French [R-AR-2]

    AR • R

    Sponsored 3/3/2015

  • Rep. Hultgren, Randy [R-IL-14]

    IL • R

    Sponsored 3/3/2015

  • Rep. Lucas, Frank D. [R-OK-3]

    OK • R

    Sponsored 3/3/2015

  • Rep. Amodei, Mark E. [R-NV-2]

    NV • R

    Sponsored 3/3/2015

  • Rep. Blum, Rod [R-IA-1]

    IA • R

    Sponsored 3/3/2015

  • Rep. Dold, Robert J. [R-IL-10]

    IL • R

    Sponsored 3/3/2015

  • Rep. Hartzler, Vicky [R-MO-4]

    MO • R

    Sponsored 3/3/2015

  • Rep. Joyce, David P. [R-OH-14]

    OH • R

    Sponsored 3/3/2015

  • Rep. Luetkemeyer, Blaine [R-MO-3]

    MO • R

    Sponsored 3/3/2015

  • Rep. Messer, Luke [R-IN-6]

    IN • R

    Sponsored 3/3/2015

  • Rep. Neugebauer, Randy [R-TX-19]

    TX • R

    Sponsored 3/3/2015

  • Rep. Renacci, James B. [R-OH-16]

    OH • R

    Sponsored 3/3/2015

  • Rep. Ribble, Reid J. [R-WI-8]

    WI • R

    Sponsored 3/3/2015

  • Rep. Rothfus, Keith J. [R-PA-12]

    PA • R

    Sponsored 3/3/2015

  • Rep. Stivers, Steve [R-OH-15]

    OH • R

    Sponsored 3/3/2015

  • Rep. Stutzman, Marlin A. [R-IN-3]

    IN • R

    Sponsored 3/3/2015

  • Rep. Tipton, Scott R. [R-CO-3]

    CO • R

    Sponsored 3/3/2015

  • Rep. Weber, Randy K. Sr. [R-TX-14]

    TX • R

    Sponsored 3/3/2015

  • Rep. Marchant, Kenny [R-TX-24]

    TX • R

    Sponsored 3/4/2015

  • Rep. Rice, Tom [R-SC-7]

    SC • R

    Sponsored 3/4/2015

  • Rep. Zinke, Ryan K. [R-MT-1]

    MT • R

    Sponsored 3/16/2015

  • Rep. Valadao, David G. [R-CA-22]

    CA • R

    Sponsored 3/16/2015

  • Rep. Meadows, Mark [R-NC-11]

    NC • R

    Sponsored 3/16/2015

  • Rep. McClintock, Tom [R-CA-5]

    CA • R

    Sponsored 3/16/2015

  • Rep. Walberg, Tim [R-MI-5]

    MI • R

    Sponsored 3/16/2015

  • Rep. Wagner, Ann [R-MO-2]

    MO • R

    Sponsored 3/16/2015

  • Rep. Poliquin, Bruce [R-ME-2]

    ME • R

    Sponsored 3/19/2015

  • Rep. Zeldin, Lee M. [R-NY-1]

    NY • R

    Sponsored 5/13/2015

  • Rep. Babin, Brian [R-TX-36]

    TX • R

    Sponsored 5/13/2015

  • Rep. Gosar, Paul A. [R-AZ-9]

    AZ • R

    Sponsored 6/1/2015

  • Rep. Pittenger, Robert [R-NC-9]

    NC • R

    Sponsored 7/28/2015

  • Rep. Williams, Roger [R-TX-25]

    TX • R

    Sponsored 7/28/2015

Roll Call Votes

No roll call votes available for this bill.

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