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House Committee approves Mortgage Choice Act

House Committee approves Mortgage Choice Act

by Annette / Wednesday, 14 August 2019 / Published in Home Loans

Contents

  1. Services committee passed
  2. Financial choice act
  3. Choice act (foca
  4. Providing regulatory relief

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The House Financial services committee passed the financial choice act (H.R. 10) in a 34-26 vote along party lines. The legislation is designed to put the Consumer Financial Protection Bureau (CFPB) under Congress’ oversight and add new limits to its enforcement authority.

 · House committee approves Freedom of Choice Act, but future action uncertain. PIP: By a vote of 20-15, the US House of Representatives Judiciary Committee reported out H.R.25, the Freedom of choice act (foca), on May 19, 1993. During deliberations, the committee narrowly defeated several amendments proposed by abortion opponents,

 · The House Financial Services Committee today voted to advance the Financial Choice Act, Chairman Jeb Hensarling’s (R-Texas) sweeping, 600-page bill aimed at reforming parts of the Dodd-Frank Act’s extensive supervisory regime and providing regulatory relief for banks.

Last Thursday, by a party-line vote of 34-26, the House Financial Services Committee approved the Financial CHOICE Act proposed by Committee Chairman Jeb Hensarling.In addition to overhauling the CFPB’s structure and authority, the bill would make significant changes to the rulemaking process followed by the CFPB and other financial services regulators, including the Fed, FDIC, OCC and NCUA.

Financial CHOICE Act is a bill introduced to the 115th United States Congress in 2017 that would, if enacted, roll back "many of the protections in the landmark Dodd-Frank 2010 federal law, including the "strongest" Wall Street "regulations from the financial crisis. The legislation passed the House 233-186 on June 8, 2017.. Jeb Hensarling (R-TX), chair of the House Financial Services Committee .

The House Financial Services Committee this week approved three pieces of legislation tied to mortgage markets, including the FHA Reform Act of 2010, which allows the Federal Housing Administration.

HereOn June 8, the House of Representatives passed a revised version of the Financial CHOICE Act (the "Act," available here) in a 233-186 vote.The Act would repeal or modify significant portions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the "Dodd-Frank Act") and addresses a wide range of other financial regulations.

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H.R. 1153 (115th): Mortgage Choice Act of 2017. Call or Write. “Bipartisan Huizenga Legislation to Help Low and Middle Income Families Passes House” – Rep.. Reported by House Committee on Financial Services. A committee issued a.

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The House Financial Services Committee officially passed the Housing Financial Literacy Act. approved housing counseling.

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