115-hr-2226115th 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 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.

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