United States · Bill · S
S. 3106 (111th)
Nonprofit Mortgage Licensing Clarification Act of 2010
Introduced
11 March 2010
Last action
11 March 2010 · Introduced
Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
Sen. Hagan, Kay R. [D-NC], Sen. Burr, Richard [R-NC], Sen. Isakson, Johnny [R-GA], Sen. Merkley, Jeff [D-OR], Sen. Chambliss, Saxby [R-GA], Sen. Bingaman, Jeff [D-NM], Sen. Klobuchar, Amy [D-MN], Sen. Brown, Sherrod [D-OH], Sen. Johanns, Mike [R-NE], Sen. Franken, Al [D-MN]
Subjects
Housing, Taxation
Source updated
14 August 2025
Summary
Nonprofit Mortgage Licensing Clarification Act of 2010 - 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
11 March 2010
Introduced
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Source: IntroReferral
11 March 2010
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 11 March 2010 · Download file
Documents
3 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN · 11 March 2010
Introduced in Senate (PDF)
Introduced in Senate · EN · 11 March 2010
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Introduced in Senate
summary · EN · 11 March 2010
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
- Sen. Hagan, Kay R. [D-NC] · D · Sponsor
- Sen. Burr, Richard [R-NC] · R · Sponsor
- Sen. Isakson, Johnny [R-GA] · R · Sponsor
- Sen. Merkley, Jeff [D-OR] · D · Sponsor
- Sen. Chambliss, Saxby [R-GA] · R · Sponsor
- Sen. Bingaman, Jeff [D-NM] · D · Cosponsor
- Sen. Klobuchar, Amy [D-MN] · D · Cosponsor
- Sen. Brown, Sherrod [D-OH] · D · Cosponsor
- Sen. Johanns, Mike [R-NE] · R · Cosponsor
- Sen. Franken, Al [D-MN] · D · Cosponsor
- · ssbk00 · Standing
Related records
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/111th-congress/senate-bill/3106
- Open data entity: https://api.congress.gov/v3/bill/111/s/3106
- us · 111-s-3106 · source updated 14 August 2025