Mortgage Choice Act of 2017

Summary

Mortgage Choice Act of 2017 This bill amends the Truth in Lending Act to specify that neither escrow charges for insurance nor affiliated title charges shall be considered "points and fees" for purposes of determining whether a mortgage is a "high-cost mortgage."

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 16 February 2017

   Introduced

   Introduced in House

   Source: IntroReferral

2. 16 February 2017

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

3. 16 February 2017

   Introduced

   Introduced in House

   Source: IntroReferral

4. 14 November 2017

   Vote

   Ordered to be Reported by the Yeas and Nays: 46 - 13.

   Source: Committee

5. 14 November 2017

   Committee

   Committee Consideration and Mark-up Session Held.

   Source: Committee

6. 22 January 2018

   Calendars

   Placed on the Union Calendar, Calendar No. 387.

   Source: Calendars

7. 22 January 2018

   Reported

   Reported by the Committee on Financial Services. H. Rept. 115-522.

   Source: Committee

8. 22 January 2018

   Reported

   Reported by the Committee on Financial Services. H. Rept. 115-522.

   Source: Committee

9. 5 February 2018

   Reported

   Rules Committee Resolution H. Res. 725 Reported to House. The resolution provides for one hour of debate on each measure. The resolution also waives the requirement of clause 6(a) of rule XIII for a two-thirds vote to consider a report from the Committee on Rules on the same day it is presented to the House with respect to any resolution reported through the legislative day of February 9, 2018. It shall be in order at any time on the legislative day of February 8, 2018 or February 9, 2018 for the Speaker to entertain motions to suspend the rules.

   Source: Floor

10. 7 February 2018

    Floor

    The previous question was ordered pursuant to the rule.

    Source: Floor

11. 7 February 2018

    Reported

    The resolution provides for one hour of debate on each measure. The resolution also waives the requirement of clause 6(a) of rule XIII for a two-thirds vote to consider a report from the Committee on Rules on the same day it is presented to the House with respect to any resolution reported through the legislative day of February 9, 2018. It shall be in order at any time on the legislative day of February 8, 2018 or February 9, 2018 for the Speaker to entertain motions to suspend the rules.

    Source: Floor

12. 7 February 2018

    Floor

    Considered under the provisions of rule H. Res. 725. (consideration: CR H906-965; text: CR H907)

    Source: Floor

13. 8 February 2018

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

14. 8 February 2018

    Vote

    On passage Passed by the Yeas and Nays: 280 - 131 (Roll no. 64).

    Source: Floor

15. 8 February 2018

    Vote

    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 280 - 131 (Roll no. 64).

    Source: Floor

16. 8 February 2018

    Floor

    Considered as unfinished business. (consideration: CR H981-982)

    Source: Floor

17. 12 February 2018

    Introduced

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

Votes

Versions

• Referred in Senate · 12 February 2018 · Official file
• Engrossed in House · 8 February 2018 · Official file
• Reported in House · 22 January 2018 · Official file
• Introduced in House · 16 February 2017 · Official file

Documents

11 official files

• Referred in Senate (text)

  Referred in Senate · EN · 12 February 2018

  ViewDownloadOpen at official source

• Referred in Senate (PDF)

  Referred in Senate · EN · 12 February 2018

  ViewDownloadOpen at official source

• Engrossed in House (text)

  Engrossed in House · EN · 8 February 2018

  ViewDownloadOpen at official source

• Engrossed in House (PDF)

  Engrossed in House · EN · 8 February 2018

  ViewDownloadOpen at official source

• Passed House without amendment

  summary · EN · 8 February 2018

  Open at official source

• Reported in House (text)

  Reported in House · EN · 22 January 2018

  ViewDownloadOpen at official source

• Reported in House (PDF)

  Reported in House · EN · 22 January 2018

  ViewDownloadOpen at official source

• Reported to House without amendment

  summary · EN · 22 January 2018

  Open at official source

• Introduced in House (text)

  Introduced in House · EN · 16 February 2017

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 16 February 2017

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 16 February 2017

  Open at official source

Sponsors

• Bill Huizenga · R · Sponsor
• ED ROYCE · R · Sponsor
• David Scott · D · Sponsor
• Steve Stivers · R · Sponsor
• Rep. Meeks, Gregory W. [D-NY-5] · D · Sponsor
• David Joyce · R · Sponsor
• MIKE DOYLE · D · Cosponsor
• Betty McCollum · D · Cosponsor
• Ann Wagner · R · Cosponsor
• Dennis Ross · R · Cosponsor
• Keith Rothfus · R · Cosponsor
• Robert Pittenger · R · Cosponsor
• Rep. Walberg, Tim [R-MI-5] · R · Cosponsor
• Sean Duffy · R · Cosponsor
• Luke Messer · R · Cosponsor
• David Trott · R · Cosponsor
• Ralph Norman · R · Cosponsor
• Rep. Gottheimer, Josh [D-NJ-5] · D · Cosponsor
• · ssbk00 · Standing
• · hsba00 · Standing

Related records

• related to → Financial CHOICE Act of 2017
• related to ← Providing for consideration of the bill (H.R. 772) to amend the Federal Food, Drug, and Cosmetic Act to improve and clarify certain disclosure requirements for restaurants and similar retail food establishments, and to amend the authority to bring proceedings under section 403A; providing for consideration of the bill (H.R. 1153) to amend the Truth in Lending Act to improve upon the definitions provided for points and fees in connection with a mortgage transaction; providing for consideration of the bill (H.R. 4771) to raise the consolidated assets threshold under the small bank holding company policy statement, and for other purposes; and for other purposes.
• related to ← Interior, Environment, Financial Services and General Government, Agriculture, Rural Development, Food and Drug Administration, and Transportation, Housing and Urban Development Appropriations Act, 2019
• related to ← Protecting American Taxpayers and Homeowners Act of 2018
• related to ← Mortgage Choice Act of 2015