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United States · Bill · HR

H.R. 2226 (115th)

Portfolio Lending and Mortgage Access Act

referredUnited States· United States Congress· EN

Introduced

28 April 2017

Last action

7 March 2018 · Introduced

Status

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

Sponsors

Andy Barr, Rep. Amodei, Mark E. [R-NV-2], Tom Emmer, J. Hill, Randy Hultgren, Bill Johnson, Frank Lucas, Blaine Luetkemeyer, Kenny Marchant, Luke Messer, Stevan Pearce, Robert Pittenger, Bruce Poliquin, ED ROYCE, Keith Rothfus, Chris Stewart, Steve Stivers, Scott Tipton, Ann Wagner, Rep. Walberg, Tim [R-MI-5], Rep. Williams, Roger [R-TX-25], Warren Davidson, PETER KING, Barry Loudermilk, Patrick McHenry, Bill Posey, Rep. Kustoff, David [R-TN-8], Bill Huizenga, Trey Hollingsworth, Sean Duffy, David Trott, Rod Blum, Rep. Arrington, Jodey C. [R-TX-19], Rep. Tenney, Claudia [R-NY-24], Dennis Ross, Steve King, Ted Poe, Mike Coffman, Steve Womack, Tom Cole, Brendan Boyle

Subjects

Discovery layer

Source updated

5 December 2025

Official sourceDownload fileView documentsShare

Summary

Portfolio Lending and Mortgage Access Act This bill amends the Truth in Lending Act to modify provisions related to residential mortgage loans. In general, a creditor that is a depository institution shall not be subject to suit for violating specified ability-to-pay requirements with respect to a residential mortgage loan if: (1) the creditor has consistently held the loan on its balance sheet, and (2) prepayment penalties associated with the loan comply with specified limitations. Similarly, a mortgage originator shall not be subject to suit for such a violation if: (1) the creditor is a depository institution; and (2) the creditor informs the mortgage originator, which informs the consumer, that the creditor intends to hold the loan on its balance sheet for the life of the loan.

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

Timeline

  1. 28 April 2017

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 28 April 2017

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 28 April 2017

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 17 January 2018

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  5. 18 January 2018

    Vote

    Ordered to be Reported (Amended) by the Yeas and Nays: 55 - 0.

    Source: Committee

  6. 18 January 2018

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  7. 23 February 2018

    Calendars

    Placed on the Union Calendar, Calendar No. 438.

    Source: Calendars

  8. 23 February 2018

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 115-578.

    Source: Committee

  9. 23 February 2018

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 115-578.

    Source: Committee

  10. 6 March 2018

    Passed

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

    Source: Floor

  11. 6 March 2018

    Passed

    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H1389-1390)

    Source: Floor

  12. 6 March 2018

    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 H1389-1390)

    Source: Floor

  13. 6 March 2018

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 2226.

    Source: Floor

  14. 6 March 2018

    Floor

    Considered under suspension of the rules. (consideration: CR H1389-1393)

    Source: Floor

  15. 6 March 2018

    Floor

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

    Source: Floor

  16. 7 March 2018

    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

11 official files

Referred in Senate (text)

View fileDownload file

Sponsors

Related records

Sources

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