To amend the Truth in Lending Act to clarify that the points and fees in connection with a mortgage loan do not include certain compensation amounts already taken into account in setting the interest rate on such loan, and for other purposes.
The bill’s titles are written by its sponsor.
Sponsor and status
Sponsor. Representative for Florida's 8th congressional district. Republican.
Last Updated: Nov 14, 2018
Length: 6 pages
115th Congress, 2017–2019
This bill was introduced on July 24, 2018, in a previous session of Congress, but was not enacted.
What legislators are saying
“Committee Approves Poseys Legislation to Provide Home Buyers More Lending Options”
— Rep. Bill Posey [R-FL8] (Sponsor) on Jul 24, 2018
Jul 29, 2015
Earlier Version — Introduced
This activity took place on a related bill, H.R. 3393 (114th).
May 19, 2017
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
Jul 24, 2018
A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.
Nov 14, 2018
Reported by House Committee on Financial Services
A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.
H.R. 2570 (115th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not enacted by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2020). H.R. 2570 — 115th Congress: Mortgage Fairness Act of 2017. Retrieved from https://www.govtrack.us/congress/bills/115/hr2570
“H.R. 2570 — 115th Congress: Mortgage Fairness Act of 2017.” www.GovTrack.us. 2017. January 29, 2020 <https://www.govtrack.us/congress/bills/115/hr2570>
Mortgage Fairness Act of 2017, H.R. 2570, 115th Cong..
|title=H.R. 2570 (115th)
|accessdate=January 29, 2020
|author=115th Congress (2017)
|date=May 19, 2017
|quote=Mortgage Fairness Act of 2017
Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.