H.R. 4997 · 114th Congress

Home Mortgage Disclosure Adjustment Act

Stage
In committee
Sponsor
Tom Emmer
Introduced
2016-04-20
Latest action
2016-04-20 · Introduced in House

Summary

Home Mortgage Disclosure Adjustment Act

This bill amends the Home Mortgage Disclosure Act of 1975 to exempt from maintenance of mortgage loan records and disclosure requirements depository institutions that have originated in each of the two preceding calendar years:

fewer than 100 closed-end mortgage loans, and fewer than 200 open-end lines of credit.