SENATE 767117th CongressRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Home Loan Quality Transparency Act of 2021
- Last Action
- 3/16/2021
Actions
- 2021-03-16Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 2021-03-16Introduced in Senate
CRS Summary
As of 2021-03-16 (00)
Home Loan Quality Transparency Act of 2021
This bill expands requirements for public disclosures by depository institutions and credit unions regarding mortgages and home equity lines of credit. Specifically, institutions originating fewer than 500 mortgage loans or open-end lines of credit annually are no longer exempt from certain financial reporting.
Cosponsors (9)
- Tina Smith (D-MN)
- Richard Durbin (D-IL)
- Sherrod Brown (D-OH)
- Maria Cantwell (D-WA)
- Robert Menendez (D-NJ)
- Elizabeth Warren (D-MA)
- Amy Klobuchar (D-MN)
- Richard Blumenthal (D-CT)
- Dianne Feinstein (D-CA)
Subjects
- Banking and financial institutions regulation
- Business records
- Government information and archives
- Housing finance and home ownership
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.