# 114-hr-5907: Community Mortgage Lender Regulatory Act of 2016

114-hr-5907, Community Mortgage Lender Regulatory Act of 2016, is a 114th Congress bill sponsored by Rep. Williams, Roger [R-TX-25] (R-TX); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-5907
- 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-5907
- Congress: 114
- Title: Community Mortgage Lender Regulatory Act of 2016
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2016-07-14
- Sponsor: Rep. Williams, Roger [R-TX-25] (R-TX)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Community Mortgage Lender Regulatory Act of 2016 This bill amends the Consumer Financial Protection Act of 2010 to prohibit the Consumer Financial Protection Bureau (CFPB) from auditing, investigating, or taking an enforcement action against a responsible community mortgage lender unless requested to do so by one of several specified regulators or agencies. A "responsible community mortgage lender" is one that: (1) meets certain restrictions with respect to number and volume of mortgage loan originations and amount of either assets or net worth; and (2) has not, with respect to its mortgage loan originations and within a specified time frame, been subject to a cease and desist order or found by a court to have violated the law. Furthermore, the CFPB and other federal banking agencies are prohibited from requiring such a lender to audit one of its vendors or third-party contractors unless the CFPB or other agency has reasonable cause to believe that the vendor or contractor is causing the lender to violate the law. The bill also revises the methodology for calculating mortgage loan originations with respect to the qualified mortgage requirement in 2016.

## Related bills

- 114-hr-6429: To amend the Intermodal Surface Transportation Efficiency Act of 1991 to include certain areas in the Central Texas Corridor.
- 114-hr-6392: Systemic Risk Designation Improvement Act of 2016
- 114-hr-6233: George W. Bush Childhood Home Study Act
- 114-hr-6221: To award a Congressional Gold Medal to Don Stephens, President and Founder of Mercy Ships, in recognition of his 38 years of service as the leader of a humanit…
- 114-hr-6100: Protect Family Farms and Businesses Act
- 114-hr-5951: Improving Transparency and Accuracy in Medicare Part D Spending Act

## Sources
- [114-hr-5907 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/5907)

## Related
- [114-hr-6429: To amend the Intermodal Surface Transportation Efficiency Act of 1991 to includ…](https://policyrisk.com/legislation/114-hr-6429)
- [114-hr-6392: Systemic Risk Designation Improvement Act of 2016](https://policyrisk.com/legislation/114-hr-6392)
- [114-hr-6233: George W. Bush Childhood Home Study Act](https://policyrisk.com/legislation/114-hr-6233)
- [114-hr-6221: To award a Congressional Gold Medal to Don Stephens, President and Founder of M…](https://policyrisk.com/legislation/114-hr-6221)
- [114-hr-6100: Protect Family Farms and Businesses Act](https://policyrisk.com/legislation/114-hr-6100)
- [114-hr-5951: Improving Transparency and Accuracy in Medicare Part D Spending Act](https://policyrisk.com/legislation/114-hr-5951)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-5907 (as of 2025-11-18).