# 114-hr-3393: Mortgage Fairness Act of 2015

114-hr-3393, Mortgage Fairness Act of 2015, is a 114th Congress bill sponsored by Rep. Posey, Bill [R-FL-8] (R-FL); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-3393
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-3393
- Congress: 114
- Title: Mortgage Fairness Act of 2015
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2015-07-29
- Sponsor: Rep. Posey, Bill [R-FL-8] (R-FL)
- Cosponsors: 5
- Policy area: Housing and Community Development
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Mortgage Fairness Act of 2015 This bill amends the Truth in Lending Act to revise points and fees under a high-cost mortgage which currently include all compensation paid directly or indirectly by a consumer or creditor to a mortgage originator from any source, including a mortgage originator that is also the creditor in a table-funded transaction. "Table funding" means a settlement at which a loan is funded by a contemporaneous advance of loan funds and an assignment of the loan to the person advancing the funds. A table-funded transaction is not a transaction in the secondary mortgage. Compensation from any source shall not include any compensation taken into account in settling the mortgage interest rate and for which there is no separate charge to the consumer. Such compensation shall include, however, any other compensation paid directly or indirectly by a consumer or creditor to an individual employed by or contracting with the originator or a mortgage originator.

## Cosponsors (5)

- Rep. Ross, Dennis A. [R-FL-15] (R-FL), 2015-07-29T00:00:00.000Z
- Rep. Brooks, Mo [R-AL-5] (R-AL), 2015-09-08T00:00:00.000Z
- Rep. Tipton, Scott R. [R-CO-3] (R-CO), 2015-09-18T00:00:00.000Z
- Rep. Coffman, Mike [R-CO-6] (R-CO), 2015-10-20T00:00:00.000Z
- Rep. McSally, Martha [R-AZ-2] (R-AZ), 2015-12-16T00:00:00.000Z

## Related bills

- 114-hr-4773: Protecting Workplace Advancement and Opportunity Act
- 114-hr-4352: Faster Care for Veterans Act of 2016
- 114-hr-1624: Protecting Affordable Coverage for Employees Act
- 114-hr-1190: Protecting Seniors' Access to Medicare Act of 2015
- 114-hr-160: Protect Medical Innovation Act of 2015
- 114-hr-3940: Meaningful Use Hardship Relief Act of 2015

## Sources
- [114-hr-3393 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/3393)

## Related
- [114-hr-4773: Protecting Workplace Advancement and Opportunity Act](https://policyrisk.com/legislation/114-hr-4773)
- [114-hr-4352: Faster Care for Veterans Act of 2016](https://policyrisk.com/legislation/114-hr-4352)
- [114-hr-1624: Protecting Affordable Coverage for Employees Act](https://policyrisk.com/legislation/114-hr-1624)
- [114-hr-1190: Protecting Seniors' Access to Medicare Act of 2015](https://policyrisk.com/legislation/114-hr-1190)
- [114-hr-160: Protect Medical Innovation Act of 2015](https://policyrisk.com/legislation/114-hr-160)
- [114-hr-3940: Meaningful Use Hardship Relief Act of 2015](https://policyrisk.com/legislation/114-hr-3940)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-3393 (as of 2025-11-18).