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United States · Bill · S

S. 1315 (115th)

Relationship Lending Preservation Act of 2017

referredUnited States· United States Congress· EN

Introduced

8 June 2017

Last action

Status

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

Sponsors

Subjects

Discovery layer

Source updated

11 August 2025

Summary

Relationship Lending Preservation Act of 2017 This bill directs the Consumer Financial Protection Bureau to issue regulations that include as a "qualified mortgage" any mortgage loan that: (1) is extended by a Federal Home Loan Bank member that, together with its affiliates, has less than $10 billion in total consolidated assets; (2) meets specified qualifying criteria under the Truth in Lending Act; and (3) is eligible to be purchased by a Federal Home Loan Bank pursuant to regulations of the Federal Housing Finance Agency and requirements established by the bank. Current law provides certain protections for lenders against lawsuits by distressed borrowers with respect to qualified mortgages.

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Documents

3 official files

Introduced in Senate (text)

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Sources

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