Summary: H.R.4997 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.4997. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (04/20/2016)

Home Mortgage Disclosure Adjustment Act

This bill amends the Home Mortgage Disclosure Act of 1975 to exempt from maintenance of mortgage loan records and disclosure requirements depository institutions that have originated in each of the two preceding calendar years:

  • fewer than 100 closed-end mortgage loans, and
  • fewer than 200 open-end lines of credit.