Bill > HR1699

Introduced Session

Preserving Access to Manufactured Housing Act of 2017 (Sec. 2) This bill amends the Truth in Lending Act (TILA) to specify that a retailer of manufactured housing is generally not a "mortgage originator" subject to requirements under that Act. Similarly, the bill amends the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 to specify that such a retailer is generally not a "loan originator" subject to requirements under that Act. (Sec. 3) In addition, the bill increases the annual percentage rates and transaction values at which mortgages for certain dwellings are considered "high-cost mortgages" under TILA.

AI Summary

Committee Categories

Andy Barr (R)*,  Robert Aderholt (R),  Jim Banks (R),  Joe Barton (R),  Andy Biggs (R),  Marsha Blackburn (R),  Jim Bridenstine (R),  Susan Brooks (R),  Ken Buck (R),  Larry Bucshon (R),  Bradley Byrne (R),  Tom Cole (R),  James Comer (R),  Peter DeFazio (D),  Charles Dent (R),  Ron DeSantis (R),  Scott DesJarlais (R),  Jeff Duncan (R),  John Duncan (R),  Ron Estes (R),  Chuck Fleischmann (R),  Bill Flores (R),  Trent Franks (R),  Mike Gallagher (R),  Tom Garrett (R),  Bob Goodlatte (R),  Paul Gosar (R),  Josh Gottheimer (D),  Gregg Harper (R),  Trey Hollingsworth (R),  Evan Jenkins (R),  Sam Johnson (R),  Trent Kelly (R),  Stephen Knight (R),  David Kustoff (R),  Frank Lucas (R),  Thomas Massie (R),  David McKinley (R),  Martha McSally (R),  Luke Messer (R),  Paul Mitchell (I),  John Moolenaar (R),  Alex Mooney (R),  Markwayne Mullin (R),  Tom O'Halleran (D),  Steven Palazzo (R),  Scott Peters (D),  Ted Poe (R),  Bruce Poliquin (R),  John Ratcliffe (R),  Kathleen Rice (D),  Martha Roby (R),  David Roe (R),  Mike Rogers (R),  Todd Rokita (R),  Keith Rothfus (R),  Steve Russell (R),  David Schweikert (R),  Pete Sessions (R),  Terri Sewell (D),  Kyrsten Sinema (I),  G.T. Thompson (R),  Tim Walberg (R),  Jackie Walorski (R),  Roger Williams (R),  Rob Wittman (R), 

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 12/04/2017)

Official Document