H.Amdt.912 to H.R.3915110th Congress (2007-2008)
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Description: H.Amdt. 912 — 110th Congress (2007-2008)
As of 05/30/2015 the description for this amendment has not been received.
An amendment numbered 13 printed in House Report 110-450 to allow regulators to fine mortgage originators, assignees and securitizers who more than occasionally (`pattern or practice') violate the minimum standards for loans established in the bill at least $1 million, $25,000 per loan. Proceeds would be held in trust by the US Treasury for the benefit of borrowers who have no other avenue for obtaining a remedy.
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