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Bill > HR78


US HR78

US HR78
Let Lenders Lend Act


summary

Introduced
01/09/2023
In Committee
01/09/2023
Crossed Over
Passed
Dead
01/03/2025

Introduced Session

118th Congress

Bill Summary

A BILL To provide that the final rule of the Bureau of Consumer Financial Protection titled ‘‘Home Mortgage Disclosure (Regulation C)’’ shall have no force or effect.

AI Summary

This bill, titled the "Let Lenders Lend Act," proposes to nullify the final rule issued by the Bureau of Consumer Financial Protection titled "Home Mortgage Disclosure (Regulation C)." This regulation, which was finalized on October 28, 2015, requires certain financial institutions to report detailed data on their home mortgage lending activities. By stating that this rule shall have no force or effect, the bill aims to eliminate these reporting requirements for lenders.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred to the House Committee on Financial Services. (on 01/09/2023)

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