H.R.3192 - Homebuyers Assistance Act114th Congress (2015-2016)
|Sponsor:||Rep. Hill, J. French [R-AR-2] (Introduced 07/23/2015)|
|Committees:||House - Financial Services|
|Committee Reports:||H. Rept. 114-278|
|Latest Action:||Senate - 10/08/2015 Received in the Senate. (All Actions)|
|Roll Call Votes:||There have been 2 roll call votes|
This bill has the status Passed House
Here are the steps for Status of Legislation:
- Passed House
Text: H.R.3192 — 114th Congress (2015-2016)All Information (Except Text)
Text available as:
Received in Senate (10/08/2015)
To provide for a temporary safe harbor from the enforcement of integrated disclosure requirements for mortgage loan transactions under the Real Estate Settlement Procedures Act of 1974 and the Truth in Lending Act, and for other purposes.
This Act may be cited as the “Homebuyers Assistance Act”.
The integrated disclosure requirements for mortgage loan transactions under section 4(a) of the Real Estate Settlement Procedures Act of 1974 (12 U.S.C. 2603(a)), section 105(b) of the Truth in Lending Act (15 U.S.C. 1604(b)), and regulations issued under such sections may not be enforced against any person until February 1, 2016, and no suit may be filed against any person for a violation of such requirements occurring before such date, so long as such person has made a good faith effort to comply with such requirements.
Passed the House of Representatives October 7, 2015.
|Attest:||karen l. haas,|