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 modify provisions related to residential mortgage loans. In general, a creditor that is a depository institution shall not be subject to suit for violating specified ability-to-pay requirements with respect to a residential mortgage loan if: (1) the creditor has consistently held the loan on its balance sheet, and (2) prepayment penalties associated with the loan comply with specified limitations. Similarly, a mortgage originator shall not be subject to suit for such a violation if: (1) the creditor is a depository institution; and (2) the creditor informs the mortgage originator, which informs the consumer, that the creditor intends to hold the loan on its balance sheet for the life of the loan.
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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. Johnson, Bill [R-OH-6]
OH • R
Sponsored 4/28/2017
Rep. Lucas, Frank D. [R-OK-3]
OK • R
Sponsored 4/28/2017
Rep. Luetkemeyer, Blaine [R-MO-3]
MO • R
Sponsored 4/28/2017
Rep. Marchant, Kenny [R-TX-24]
TX • R
Sponsored 4/28/2017
Rep. Messer, Luke [R-IN-6]
IN • R
Sponsored 4/28/2017
Rep. Pearce, Stevan [R-NM-2]
NM • R
Sponsored 4/28/2017
Rep. Pittenger, Robert [R-NC-9]
NC • R
Sponsored 4/28/2017
Rep. Poliquin, Bruce [R-ME-2]
ME • R
Sponsored 4/28/2017
ED ROYCE
CA • R
Sponsored 4/28/2017
Rep. Rothfus, Keith J. [R-PA-12]
PA • R
Sponsored 4/28/2017
Rep. Stewart, Chris [R-UT-2]
UT • R
Sponsored 4/28/2017
Rep. Stivers, Steve [R-OH-15]
OH • R
Sponsored 4/28/2017
Rep. Tipton, Scott R. [R-CO-3]
CO • R
Sponsored 4/28/2017
Rep. Wagner, Ann [R-MO-2]
MO • R
Sponsored 4/28/2017
Rep. Walberg, Tim [R-MI-5]
MI • R
Sponsored 4/28/2017
Rep. Williams, Roger [R-TX-25]
TX • R
Sponsored 4/28/2017
Rep. Amodei, Mark E. [R-NV-2]
NV • R
Sponsored 4/28/2017
Rep. Emmer, Tom [R-MN-6]
MN • R
Sponsored 4/28/2017
Rep. Hill, J. French [R-AR-2]
AR • R
Sponsored 4/28/2017
Rep. Hultgren, Randy [R-IL-14]
IL • R
Sponsored 4/28/2017
Rep. Davidson, Warren [R-OH-8]
OH • R
Sponsored 4/28/2017
PETER KING
NY • R
Sponsored 4/28/2017
Rep. Loudermilk, Barry [R-GA-11]
GA • R
Sponsored 4/28/2017
Rep. McHenry, Patrick T. [R-NC-10]
NC • R
Sponsored 4/28/2017
Rep. Posey, Bill [R-FL-8]
FL • R
Sponsored 4/28/2017
Rep. Kustoff, David [R-TN-8]
TN • R
Sponsored 4/28/2017
Rep. Huizenga, Bill [R-MI-4]
MI • R
Sponsored 4/28/2017
Rep. Hollingsworth, Trey [R-IN-9]
IN • R
Sponsored 4/28/2017
Rep. Duffy, Sean P. [R-WI-7]
WI • R
Sponsored 4/28/2017
Rep. Trott, David A. [R-MI-11]
MI • R
Sponsored 4/28/2017
Rep. Blum, Rod [R-IA-1]
IA • R
Sponsored 4/28/2017
Rep. Arrington, Jodey C. [R-TX-19]
TX • R
Sponsored 5/1/2017
Rep. Tenney, Claudia [R-NY-24]
NY • R
Sponsored 5/1/2017
Rep. Ross, Dennis A. [R-FL-15]
FL • R
Sponsored 5/17/2017
Rep. King, Steve [R-IA-4]
IA • R
Sponsored 6/21/2017
Rep. Poe, Ted [R-TX-2]
TX • R
Sponsored 7/27/2017
Rep. Coffman, Mike [R-CO-6]
CO • R
Sponsored 9/13/2017
Rep. Womack, Steve [R-AR-3]
AR • R
Sponsored 9/13/2017
Rep. Cole, Tom [R-OK-4]
OK • R
Sponsored 10/11/2017
Rep. Boyle, Brendan F. [D-PA-2]
PA • D
Sponsored 10/11/2017
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov