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United States · Bill · HR

H.R. 1408 (114th)

Mortgage Servicing Asset Capital Requirements Act of 2015

referredUnited States· United States Congress· EN

Introduced

17 March 2015

Last action

15 July 2015 · Introduced

Status

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

Sponsors

Rep. Perlmutter, Ed [D-CO-7], Rep. Luetkemeyer, Blaine [R-MO-3], Rep. Hill, J. French [R-AR-2]

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Mortgage Servicing Asset Capital Requirements Act of 2015 Directs the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration (federal banking agencies) to study jointly the appropriate capital requirements for mortgage servicing assets for any banking institution other than an institution identified by the Financial Stability Board as a global systemically important bank. Prohibits regulations to implement the Global Regulatory Framework for More Resilient Banks and Banking Systems issued by the Basel Committee on Banking Supervision on December 16, 2010, as revised on June 1, 2011 (Basel III capital requirements), or the proposed rule of the National Credit Union Administration titled "Risk-Based Capital" with respect to mortgage servicing assets for nonsystemic banking institutions from taking effect until three months after the report on the study is issued to Congress.

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

Timeline

  1. 17 March 2015

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 17 March 2015

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  3. 17 March 2015

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 25 March 2015

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  5. 26 March 2015

    Vote

    Ordered to be Reported by the Yeas and Nays: 49 - 9.

    Source: Committee

  6. 26 March 2015

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  7. 14 July 2015

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 1408.

    Source: Floor

  8. 14 July 2015

    Floor

    Considered under suspension of the rules. (consideration: CR H5137-5140)

    Source: Floor

  9. 14 July 2015

    Floor

    Mr. Luetkemeyer moved to suspend the rules and pass the bill, as amended.

    Source: Floor

  10. 14 July 2015

    Passed

    The title of the measure was amended. Agreed to without objection.

    Source: Floor

  11. 14 July 2015

    Passed

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

    Source: Floor

  12. 14 July 2015

    Passed

    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5137-5138)

    Source: Floor

  13. 14 July 2015

    Passed

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H5137-5138)

    Source: Floor

  14. 15 July 2015

    Introduced

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

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

8 official files

Referred in Senate (text)

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  • Referred in Senate (text)

    Referred in Senate · EN · 15 July 2015

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  • Referred in Senate (PDF)

    Referred in Senate · EN · 15 July 2015

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  • Engrossed in House (text)

    Engrossed in House · EN · 14 July 2015

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  • Engrossed in House (PDF)

    Engrossed in House · EN · 14 July 2015

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  • Passed House amended

    summary · EN · 14 July 2015

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  • Introduced in House (text)

    Introduced in House · EN · 17 March 2015

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  • Introduced in House (PDF)

    Introduced in House · EN · 17 March 2015

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 17 March 2015

    Open at official source

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Sponsors

Related records

Sources

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