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United States · Bill · HR

H.R. 3538 (115th)

Mortgage Sale Transparency Act of 2017

referredUnited States· United States Congress· EN

Introduced

28 July 2017

Last action

Status

Referred to the House Committee on Financial Services.

Sponsors

Subjects

Discovery layer

Source updated

11 August 2025

Summary

Mortgage Sale Transparency Act of 2017 This bill amends the Truth in Lending Act to require in the event of a mortgage loan sale, transfer, or assignment to another creditor: (1) notice of the transfer to the borrower from the original creditor, (2) exemption from liability for the borrower in the event of an error in the transfer, and (3) a 90-day grace period for loan payments made by the borrower to the wrong lender.

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Documents

3 official files

Introduced in House (text)

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