United States · Bill · HR
H.R. 607 (105th)
An Act to amend the National Housing Act to prevent the funding of unnecessary or excessive costs for obtaining a home equity conversion mortgage, to require automatic cancellation and notice of cancellation rights with respect to private mortgage insurance required as a condition for entering into a residential mortagage transaction, to abolish the Thrift Depositor Protection Oversight Board, and for other purposes.
Introduced
5 February 1997
Last action
27 January 1998 · Floor
Status
Message on Senate action sent to the House.
Sponsors
Rep. Hansen, James V. [R-UT-1], Rep. Baker, Richard H. [R-LA-6], Rep. Kennedy, Joseph P., II [D-MA-8], Rep. Calvert, Ken [R-CA-41], Rep. Waxman, Henry A. [D-CA-33], Rep. Rivers, Lynn N. [D-MI-13], Rep. Sawyer, Tom [D-OH-14], Rep. Evans, Lane [D-IL-17], Rep. Boucher, Rick [D-VA-9], Rep. Furse, Elizabeth [D-OR-1], Rep. Frost, Martin [D-TX-24], Rep. Packard, Ron [R-CA-48], Rep. Luther, Bill [D-MN-6], Rep. McDermott, Jim [D-WA-7], Rep. Rohrabacher, Dana [R-CA-48], Rep. Frank, Barney [D-MA-4], Rep. Rush, Bobby L. [D-IL-1], Rep. Dellums, Ronald V. [D-CA-9], Rep. Cook, Merrill [R-UT-2], Del. Faleomavaega, Eni F. H. [D-AS-At Large], Rep. Stump, Bob [R-AZ-3], Rep. Sisisky, Norman [D-VA-4], Rep. Gilman, Benjamin A. [R-NY-20], Rep. Barrett, Thomas M. [D-WI-5], Rep. Largent, Steve [R-OK-1], Rep. Filner, Bob [D-CA-51], Rep. Farr, Sam [D-CA-20], Rep. Riggs, Frank [R-CA-1], Rep. Parker, Mike [R-MS-4], Rep. Brown, George E., Jr. [D-CA-42], Rep. Royce, Edward R. [R-CA-39], Rep. Kucinich, Dennis J. [D-OH-10], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Sessions, Pete [R-TX-17]
Subjects
Housing
Source updated
7 April 2025
Summary
Homeowners Insurance Protection Act - Amends the Truth in Lending Act to require a creditor to provide free, specified written disclosures about cancellation rights for private mortgage insurance if a consumer is required to obtain such insurance as a condition for entering into a residential mortgage transaction. Imposes civil liability in the amount of treble damages for noncompliance with such disclosure requirements.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
5 February 1997
Introduced
Referred to the House Committee on Banking and Financial Services.
Source: IntroReferral
5 February 1997
Introduced
Introduced in House
Source: IntroReferral
5 February 1997
Introduced
Introduced in House
Source: IntroReferral
14 February 1997
Referred
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Source: Committee
28 February 1997
Referred
Referred to the Subcommittee on Housing and Community Opportunity.
Source: Committee
18 March 1997
Committee
Committee Hearings Held.
Source: Committee
20 March 1997
Vote
Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 1.
Source: Committee
20 March 1997
Committee
Committee Consideration and Mark-up Session Held.
Source: Committee
16 April 1997
Passed
The title of the measure was amended. Agreed to without objection.
Source: Floor
16 April 1997
Passed
Motion to reconsider laid on the table Agreed to without objection.
Source: Floor
16 April 1997
Vote
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 421 - 7 (Roll no. 80).
Source: Floor
16 April 1997
Vote
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 421 - 7 (Roll no. 80).
Source: Floor
16 April 1997
Floor
Considered under suspension of the rules. (consideration: CR H1557-1566, H1581-1582)
Source: Floor
16 April 1997
Vote
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 5, rule I, the Chair announced that further proceedings on the motion would be postponed.
Source: Floor
16 April 1997
Floor
DEBATE - The House proceeded with forty minutes of debate.
Source: Floor
16 April 1997
Floor
Mr. Leach moved to suspend the rules and pass the bill, as amended.
Source: Floor
16 April 1997
Calendars
Placed on the Union Calendar, Calendar No. 39.
Source: Calendars
16 April 1997
Reported
Reported (Amended) by the Committee on Banking and Financial Services. H. Rept. 105-55.
Source: Committee
16 April 1997
Reported
Reported (Amended) by the Committee on Banking and Financial Services. H. Rept. 105-55.
Source: Committee
17 April 1997
Introduced
Received in the Senate, read twice.
Source: IntroReferral
13 November 1997
Floor
Measure laid before Senate by unanimous consent. (consideration: CR S12681)
Source: Floor
13 November 1997
Passed
Passed/agreed to in Senate: Passed Senate with an amendment and an amendment to the Title by Unanimous Consent.
Source: Floor
27 January 1998
Floor
Message on Senate action sent to the House.
Source: Floor
Votes
No vote records are attached yet.
Versions
- Engrossed Amendment Senate · 13 November 1997 · Download file
- Received in Senate · 17 April 1997 · Download file
- Engrossed in House · 16 April 1997 · Download file
- Reported in House · 16 April 1997 · Download file
- Introduced in House · 5 February 1997 · Download file
Documents
13 official files
Engrossed Amendment Senate (text)
This file cannot be previewed here. Use View or Download.
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Engrossed Amendment Senate (text)
Engrossed Amendment Senate · EN · 13 November 1997
Engrossed Amendment Senate (PDF)
Engrossed Amendment Senate · EN · 13 November 1997
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Passed Senate amended
summary · EN · 13 November 1997
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Received in Senate (text)
Received in Senate · EN · 17 April 1997
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Received in Senate (PDF)
Received in Senate · EN · 17 April 1997
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Reported in House (text)
Reported in House · EN · 16 April 1997
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Reported in House (PDF)
Reported in House · EN · 16 April 1997
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Engrossed in House (text)
Engrossed in House · EN · 16 April 1997
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Engrossed in House (PDF)
Engrossed in House · EN · 16 April 1997
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Passed House amended
summary · EN · 16 April 1997
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House (text)
Introduced in House · EN · 5 February 1997
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House (PDF)
Introduced in House · EN · 5 February 1997
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House
summary · EN · 5 February 1997
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Hansen, James V. [R-UT-1] · R · Sponsor
- Rep. Baker, Richard H. [R-LA-6] · R · Sponsor
- Rep. Kennedy, Joseph P., II [D-MA-8] · D · Sponsor
- Rep. Calvert, Ken [R-CA-41] · R · Sponsor
- Rep. Waxman, Henry A. [D-CA-33] · D · Sponsor
- Rep. Rivers, Lynn N. [D-MI-13] · D · Sponsor
- Rep. Sawyer, Tom [D-OH-14] · D · Sponsor
- Rep. Evans, Lane [D-IL-17] · D · Sponsor
- Rep. Boucher, Rick [D-VA-9] · D · Sponsor
- Rep. Furse, Elizabeth [D-OR-1] · D · Sponsor
- Rep. Frost, Martin [D-TX-24] · D · Sponsor
- Rep. Packard, Ron [R-CA-48] · R · Cosponsor
- Rep. Luther, Bill [D-MN-6] · D · Cosponsor
- Rep. McDermott, Jim [D-WA-7] · D · Cosponsor
- Rep. Rohrabacher, Dana [R-CA-48] · R · Cosponsor
- Rep. Frank, Barney [D-MA-4] · D · Cosponsor
- Rep. Rush, Bobby L. [D-IL-1] · D · Cosponsor
- Rep. Dellums, Ronald V. [D-CA-9] · D · Cosponsor
- Rep. Cook, Merrill [R-UT-2] · R · Cosponsor
- Del. Faleomavaega, Eni F. H. [D-AS-At Large] · D · Cosponsor
- Rep. Stump, Bob [R-AZ-3] · R · Cosponsor
- Rep. Sisisky, Norman [D-VA-4] · D · Cosponsor
- Rep. Gilman, Benjamin A. [R-NY-20] · R · Cosponsor
- Rep. Barrett, Thomas M. [D-WI-5] · D · Cosponsor
- Rep. Largent, Steve [R-OK-1] · R · Cosponsor
- Rep. Filner, Bob [D-CA-51] · D · Cosponsor
- Rep. Farr, Sam [D-CA-20] · D · Cosponsor
- Rep. Riggs, Frank [R-CA-1] · R · Cosponsor
- Rep. Parker, Mike [R-MS-4] · R · Cosponsor
- Rep. Brown, George E., Jr. [D-CA-42] · D · Cosponsor
- Rep. Royce, Edward R. [R-CA-39] · R · Cosponsor
- Rep. Kucinich, Dennis J. [D-OH-10] · D · Cosponsor
- Del. Norton, Eleanor Holmes [D-DC-At Large] · D · Cosponsor
- Rep. Sessions, Pete [R-TX-17] · R · Cosponsor
- · hsba00 · Standing
Related records
- related to ← Homeowners Protection Act of 1998
- amends ← In the nature of a substitute.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/105th-congress/house-bill/607
- Open data entity: https://api.congress.gov/v3/bill/105/hr/607
- us · 105-hr-607 · source updated 7 April 2025