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United States · Bill · HR

H.R. 4400 (111th)

Nonprofit Mortgage Licensing Clarification Act of 2009

referredUnited States· United States Congress· EN

Introduced

16 December 2009

Last action

16 December 2009 · Introduced

Status

Referred to the House Committee on Financial Services.

Sponsors

Rep. Shuler, Heath [D-NC-11], Rep. Melancon, Charlie [D-LA-3], Rep. Emerson, Jo Ann [R-MO-8], Rep. Paul, Ron [R-TX-14], Rep. Foxx, Virginia [R-NC-5], Rep. Poe, Ted [R-TX-2], Rep. Gonzalez, Charles A. [D-TX-20], Rep. Ryan, Tim [D-OH-13], Rep. Delahunt, William D. [D-MA-10], Rep. Minnick, Walter [D-ID-1], Rep. Dingell, John D. [D-MI-12], Rep. Quigley, Mike [D-IL-5], Rep. Tanner, John S. [D-TN-8], Rep. Smith, Lamar [R-TX-21], Rep. Carney, Christopher P. [D-PA-10], Rep. Inglis, Bob [R-SC-4], Rep. Jenkins, Lynn [R-KS-2], Rep. Coble, Howard [R-NC-6], Rep. Conaway, K. Michael [R-TX-11], Rep. Hill, Baron P. [D-IN-9], Rep. Bean, Melissa L. [D-IL-8], Rep. Childers, Travis [D-MS-1], Rep. Costa, Jim [D-CA-21], Rep. Harper, Gregg [R-MS-3], Rep. Castle, Michael N. [R-DE-At Large], Rep. Rahall, Nick J., II [D-WV-3], Rep. Myrick, Sue Wilkins [R-NC-9], Rep. Abercrombie, Neil [D-HI-1], Rep. Fudge, Marcia L. [D-OH-11], Rep. Baca, Joe [D-CA-43], Rep. Massa, Eric J. J. [D-NY-29], Rep. Moore, Gwen [D-WI-4], Rep. Etheridge, Bob [D-NC-2], Rep. Kagen, Steve [D-WI-8], Rep. Salazar, John T. [D-CO-3], Rep. Duncan, John J., Jr. [R-TN-2], Rep. Kissell, Larry [D-NC-8], Rep. Neugebauer, Randy [R-TX-19], Rep. Wilson, Joe [R-SC-2], Rep. Luetkemeyer, Blaine [R-MO-3], Rep. Boucher, Rick [D-VA-9], Rep. Perriello, Thomas S.P. [D-VA-5], Rep. Rooney, Thomas J. [R-FL-17], Rep. Butterfield, G. K. [D-NC-1], Rep. Edwards, Chet [D-TX-17], Rep. McIntyre, Mike [D-NC-7], Rep. Ellison, Keith [D-MN-5], Rep. Kosmas, Suzanne M. [D-FL-24]

Subjects

Housing, Taxation

Source updated

14 August 2025

Housing · Taxation

Summary

Nonprofit Mortgage Licensing Clarification Act of 2009 - Amends the S.A.F.E. Mortgage Licensing Act of 2008 to permit a state to exempt from certain registration or licensing requirements any charitable organization exempt from federal tax (including their employees and agents acting as loan originators), if the organization: (1) executes loan originations in order to promote or facilitate homeownership for certain low-income, disabled, or other disadvantaged persons or families; (2) offers loans at interest rates lower than the bank prime loan rate, or that are no-interest loans or loans with interest rates significantly below those for loans to purchase generally available single-family housing; and (3) does not otherwise engage in the business of a loan originator or mortgage broker.

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

Timeline

  1. 16 December 2009

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 16 December 2009

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 16 December 2009

    Introduced

    Introduced in House

    Source: IntroReferral

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 · 16 December 2009

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  • Introduced in House (PDF)

    Introduced in House · EN · 16 December 2009

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 16 December 2009

    Open at official source

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Sponsors

Showing 48 of 94 sponsors and actors.

Related records

Sources

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