Congress
HIGHLIGHT
In 1994, the average home cost about $150,000, and almost no one had ever heard of a subprime loan. That was also the year when Congress last took any major action against predatory mortgage lending. Today federal lawmakers are playing catch-up as they consider key legislation to stop foreclosures and strengthen protections against abusive lending practices.
Search Mortgage Lending - Policy & Legislation - Congress
Browse Mortgage Lending - Policy & Legislation - Congress
- The Subprime Mortgage Crisis and America’s Veteran
February 28, 2008 - S 2636 Foreclosure Prevention Act of 2008
February 27, 2008Urges use of loan modifications
- HR 3609 - Compromise Bill Permitting Court-Supervised Loan Modifications Would Save 600,000 Homes
January 18, 2008Report urges court-supervised loan modifications
- Analysis of HR 3609 Compromise Bill
January 10, 2008Overview of HR 3609 - Summary of Compromise Bill: Permitting Judicial Modification of Home Loans as Alternative to Foreclosure
- S.2452: Home Ownership Preservation and Protection Act of 2007
December 18, 2007Overview of S.2452: Home Ownership Preservation and Protection Act of 2007
- Accelerating Loan Modifications, Improving Foreclosure Prevention and Enhancing Enforcement
December 6, 2007Mike Calhoun's testimony re Accelerating Loan Modifications, Improving Foreclosure Prevention and Enhancing Enforcement.
- The Looming Foreclosure Crisis: How To Help Families Save Their Homes
December 5, 2007Stein urges loan modifications to help help families save homes
- Constitutionality of Applying Bankruptcy Code Amendments to Existing Mortgages
November 17, 2007Analysis concludes that there is no constitutional impediment to applying to existing debts the Bankruptcy Code amendments proposed by the Emergency Home Ownership and Mortgage Equity Protection Act of 2007, HR 3609,1 and the Helping Families Save Their Homes in Bankruptcy Act of 2007, S 21362
- “Toxic Mortgages” under HR 3915: Virtual Immunity
November 5, 2007Facts about Payment Option ARMs
- Eliminate the “Exit Tax” on Subprime Loans
November 2, 2007CRL speaks out against prepayment penalties
