H.R. 1153 · 115th Congress
Mortgage Choice Act of 2017
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17 cosponsors · 5 D, 12 R
5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Feb 16, 2017
- House Passed Feb 8, 2018 280–131
What it does: CRS summary · Passed House without amendment · Feb 8, 2018
(This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.)
Mortgage Choice Act of 2017
(Sec. 2) This bill amends the Truth in Lending Act to specify that neither escrow charges for insurance nor affiliated title charges shall be considered "points and fees" for purposes of determining whether a mortgage is a "high-cost mortgage." (A high-cost mortgage designation restricts the terms of the loan and requires a lender to make certain disclosures to the borrower.)
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
Votes to become law
About this bill and sources
Official title: Mortgage Choice Act of 2017
Latest action (Feb 12, 2018): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Housing and Community Development · Origin: House · Introduced: Feb 16, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML) · Embed in your story
- House Introduced Feb 16, 2017
- House Passed Feb 8, 2018 280–131
Final vote · House · Feb 8, 2018
Passage — Passed. Vote details
Speaker of the House: Paul D. Ryan