H.R. 1210 - Portfolio Lending and Mortgage Access Act
- Sponsor:
- Andy Barr
- Summary:
- To amend the Truth in Lending Act to provide a safe harbor from certain requirements related to qualified mortgages for residential mortgage loans held on an originating depository institution's portfolio, and for other purposes. (by CRS)
- Status:
- The bill was voted on in the House on November 18, 2015
PASSED on November 18, 2015.
1/2 required to pass
voted YES: 255
voted NO: 174
5 voted present/not voting
Portfolio Lending and Mortgage Access Act
H.R. 1210 — 114th Congress (2015–2016)
- Summary
- To amend the Truth in Lending Act to provide a safe harbor from certain requirements related to qualified mortgages for residential mortgage loans held on an originating depository institution's portfolio, and for other purposes. (by CRS)
- Learn More
- At OpenCongress
- Title
- To amend the Truth in Lending Act to provide a safe harbor from certain requirements related to qualified mortgages for residential mortgage loans held on an originating depository institution's portfolio, and for other purposes.
- Other Titles
- Portfolio Lending and Mortgage Access Act
- Portfolio Lending and Mortgage Access Act
- Portfolio Lending and Mortgage Access Act
- Portfolio Lending and Mortgage Access Act
- Sponsor
- Andy Barr
- Co-Sponsors
- Mark E. Amodei
- Brian Babin
- Rod Blum
- Susan W. Brooks
- Chris Collins
- Kevin Cramer
- Carlos Curbelo
- Rodney Davis
- Robert J. Dold
- Sean P. Duffy
- Tom Emmer
- Stephen Lee Fincher
- Charles J. "Chuck" Fleischmann
- Paul A. Gosar
- Frank C. Guinta
- Brett Guthrie
- Vicky Hartzler
- J. French Hill
- Randy Hultgren
- Bill Johnson
- David P. Joyce
- Peter T. King
- Frank D. Lucas
- Blaine Luetkemeyer
- Kenny Marchant
- Tom McClintock
- Mark Meadows
- Luke Messer
- Mick Mulvaney
- Randy Neugebauer
- Kristi L. Noem
- Pete Olson
- Stevan Pearce
- Robert Pittenger
- Ted Poe
- Bruce Poliquin
- James B. Renacci
- Reid J. Ribble
- Tom Rice
- Keith J. Rothfus
- Pete Sessions
- Chris Stewart
- Steve Stivers
- Marlin A. Stutzman
- Scott R. Tipton
- David G. Valadao
- Ann Wagner
- Tim Walberg
- Randy K. Weber, Sr.
- Roger Williams
- Joe Wilson
- David Young
- Lee M. Zeldin
- Ryan K. Zinke
- Subjects
- Finance and financial sector
- Bank accounts, deposits, capital
- Banking and financial institutions regulation
- Civil actions and liability
- Housing finance and home ownership
- Related Bills
- H.R. 1233 (114th) : CLEARR Act of 2015
- H.R. 1113 (114th) : Portfolio Lending and Mortgage Access Act
- H.R. 1389 (114th) : American Jobs and Community Revitalization Act of 2015
- H.Res. 529 (114th) : Providing for Consideration of the Bill (H.R. 1210) to Amend the Truth in Lending Act to Provide a Safe Harbor from Certain Requirements Related to Qualified Mortgages for Residential Mortgage Loans Held on an Originating Depository Institution's Portfolio, and for Other Purposes; Providing for Consideration of the Bill (H.R 3189) to Amend the Federal Reserve Act to Establish Requirements for Policy Rules and Blackout Periods of the Federal Open Market Committee, to Establish Requirements for Certain Activities of the Board of Governors of the Federal Reserve System, and to Amend Title 31, United States Code, to Reform the Manner in Which the Board of Governors of the Federal Reserve System is Audited, and for Other Purposes; and Providing for Proceedings During the Period from November 20, 2015, Through November 27, 2015.
- S. 2995 (114th) : Portfolio Lending and Mortgage Access Act
- H.R. 5983 (114th) : Financial CHOICE Act of 2016
- Major Actions
Introduced 3/03/2015 Referred to Committee Passed House 11/18/2015 - Bill History
-
Chamber/Committee Motion Date Result select this vote House On Motion to Recommit with Instructions: H R 1210 Portfolio Lending and Mortgage Access Act 11/18/2015 This motion DID NOT PASS the House 184 voted YES 242 voted NO 8 voted present/not votingcurrently selected House On Passage: H R 1210 Portfolio Lending and Mortgage Access Act 11/18/2015 This bill PASSED the House 255 voted YES 174 voted NO 5 voted present/not votingAction Date Description Introduced 3/03/2015 3/03/2015 Referred to the House Committee on Financial Services. 3/03/2015 Introduced in House 4/16/2015 Committee on Banking, Housing, and Urban Affairs. Hearings held. 6/11/2015 Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral. 7/28/2015 Committee Consideration and Mark-up Session Held. 7/29/2015 Committee Consideration and Mark-up Session Held. Put on a legislative calendar 7/29/2015 Ordered to be Reported by the Yeas and Nays: 38 - 18. 11/16/2015 Reported by the Committee on Financial Services. H. Rept. 114-330. Put on a legislative calendar 11/16/2015 Placed on the Union Calendar, Calendar No. 251. 11/17/2015 Rules Committee Resolution H. Res. 529 Reported to House. Rule provides for consideration of H.R. 1210 and H.R. 3189. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Rule provides that H.R. 1210 shall be amended by the text of Rules Committee Print 114-34 and that the amendment printed in part A of the report from the Committee on Rules shall be separately debatable for 10 minutes. H.R. 3189 shall be amended by the text of Rules Committee Print 114-35 and modified by the amendment printed in Part B of the report. No further amendments other than those printed in Part C of the report shall be in order for H.R. 3189. 11/18/2015 Considered under the provisions of rule H. Res. 529. 11/18/2015 DEBATE - Pursuant to the provisions of H. Res. 529, the House proceeded with one hour of general debate on H.R. 1210. 11/18/2015 The previous question was ordered pursuant to the rule. 11/18/2015 Mr. Thompson (CA) moved to recommit with instructions to the Committee on Financial Services. 11/18/2015 DEBATE - The House proceeded with 10 minutes of debate on the Thompson (CA) motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment pending a reservation of a point of order. Subsequently, the reservation was removed. The amendment retains features of the Qualified Mortgage rule with respect to consumers who are veterans and members of the Armed Forces. 11/18/2015 The previous question on the motion to recommit with instructions was ordered without objection. 11/18/2015 Motion to reconsider laid on the table Agreed to without objection. 11/18/2015 11/18/2015 House amendment offered select this vote Vote 11/18/2015 On Motion to Recommit with Instructions: H R 1210 Portfolio Lending and Mortgage Access Act currently selected House Vote on Passage 11/18/2015 On Passage: H R 1210 Portfolio Lending and Mortgage Access Act 11/19/2015 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Number Sponsor Date Offered Status
Total contributions given to House members from interest groups that…
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