H.R. 695 (112th): Legal Eligibility for Granting A Loan Act of 2011

Introduced:
Feb 14, 2011 (112th Congress, 2011–2013)
Sponsor:
Rep. Kenny Marchant [R-TX24]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


2/14/2011--Introduced.
Legal Eligibility for Granting A Loan Act of 2011 - Requires each applicant for a single-family home mortgage to provide the lender information to verify the applicant's citizenship or alien status through the E-Verify program if the home mortgage is to be:
(1) newly insured under the Federal Housing Administration (FHA) mortgage insurance program of the Department of Housing and Urban Development (HUD);
(2) newly purchased by the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac); or
(3) newly made, insured, or guaranteed by the Secretary of Veterans Affairs (VA) or by any other agency or entity of the federal government.

House Republican Conference Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

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