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United States · Bill · HR

H.R. 4042 (113th)

Community Bank Mortgage Servicing Asset Capital Requirements Study Act of 2014

reportedUnited States· United States Congress· EN

Introduced

11 February 2014

Last action

30 July 2014 · Committee

Status

Ordered to be Reported (Amended) by the Yeas and Nays: 44 - 9.

Sponsors

Rep. Luetkemeyer, Blaine [R-MO-3], Rep. Perlmutter, Ed [D-CO-7], Sen. Cotton, Tom [R-AR], Rep. Lucas, Frank D. [R-OK-3], Rep. Womack, Steve [R-AR-3], Rep. Griffin, Tim [R-AR-2], Rep. Jenkins, Lynn [R-KS-2], Sen. Lankford, James [R-OK], Rep. Crawford, Eric A. "Rick" [R-AR-1], Rep. Huelskamp, Tim [R-KS-1], Rep. Latta, Robert E. [R-OH-5], Rep. Kline, John [R-MN-2], Rep. Paulsen, Erik [R-MN-3]

Subjects

Discovery layer

Source updated

12 August 2025

Summary

Community Bank Mortgage Servicing Asset Capital Requirements Study Act of 2014 - Directs the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (FDIC) (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) with respect to mortgage servicing assets for nonsystemic banking institutions from taking effect until six 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. 11 February 2014

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 11 February 2014

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 11 February 2014

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 15 July 2014

    Committee

    Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.

    Source: Committee

  5. 30 July 2014

    Vote

    Ordered to be Reported (Amended) by the Yeas and Nays: 44 - 9.

    Source: Committee

  6. 30 July 2014

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 11 February 2014

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 11 February 2014

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 11 February 2014

    Open at official source

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Sponsors

Related records

No cross-record relationships stored yet.

Sources

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