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115th Congress > House > Vote 739
Clerk session vote number: 31
Sponsor: EMMER, Thomas Earl, II (R-MN)
Description: Home Mortgage Disclosure Adjustment Act
Bill summary: Home Mortgage Disclosure Adjustment Act
This bill amends the Home Mortgage Disclosure Act of 1975 to exempt a depository institution from certain records and disclosure requirements: (1) with respect to closed-end mortgage loans, if the depository institution originated fewer than 1,000 such loans in each of the two preceding years; and (2) with respect to open-end lines of credit, if the depository institution originated fewer than 2,000 such lines of credit in each of the two preceding
years.
In addition, the bill lessens requirements for depository institutions to itemize and disclose specified mortgage loan data.
Bill titles: To amend the Home Mortgage Disclosure Act of 1975 to specify which depository institutions are subject to the maintenance of records and disclosure requirements of such Act, and for other purposes.
Links for more info on the vote: congress.gov