I 
111TH CONGRESS 
1ST SESSION H. R. 3195 
To create a National Home Mortgage and Loan Performance Registry to 
maintain an inventory of the supply and performance of home mortgage 
loans in the United States to show market trends and dynamics in 
the mortgage lending industry and provide detailed information on na-
tional mortgage foreclosure rates. 
IN THE HOUSE OF REPRESENTATIVES 
JULY 14, 2009 
Mr. TURNER (for himself and Mr. MILLER of North Carolina) introduced the 
following bill; which was referred to the Committee on Financial Services 
A BILL 
To create a National Home Mortgage and Loan Performance 
Registry to maintain an inventory of the supply and 
performance of home mortgage loans in the United 
States to show market trends and dynamics in the mort-
gage lending industry and provide detailed information 
on national mortgage foreclosure rates. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘National Home Mort-
gage and Loan Performance Registry Act of 2009’’. 
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SEC. 2. FINDINGS AND PURPOSES. 
(a) FINDINGS.—The Congress finds that— 
(1) there is no standardized, centralized data 
readily available and reliable for government use 
that details national mortgage foreclosure rates for 
single-family housing, multifamily housing, and 
small farms, or mortgage default statistics; 
(2) currently there is no public database that is 
easily accessible to determine mortgage lending and 
foreclosure trends; 
(3) the Home Mortgage Disclosure Act of 1975 
could be used as a means of collecting data at loan 
origination and using such information throughout 
the life of the loan; and 
(4) the current mortgage crisis demonstrates 
the need to establish a centralized system to collect 
and disclose such information. 
(b) PURPOSE.—The purpose of this Act is to estab-
lish a National Home Mortgage and Loan Performance 
Registry— 
(1) to provide the public with timely mortgage 
performance information that can be used by the 
Departments of the Treasury and Housing and 
Urban Development, and other agencies of the Fed-
eral Government to monitor trends in the mortgage 
market, identify emerging problems, make decisions 
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about necessary interventions, conduct research, and 
effectively evaluate the housing market in the United 
States and Federal housing programs; and 
(2) that meets the reporting needs and require-
ments of the Federal Housing Finance Agency to 
provide timely mortgage performance information. 
SEC. 3. ADDITIONAL INFORMATION REPORTED BY LENDER 
AT LOAN ORIGINATION. 
Section 304(b) of the Home Mortgage Disclosure Act 
of 1975 (12 U.S.C. 2803(b)) is amended— 
(1) in paragraph (3), by striking ‘‘and’’ at the 
end; 
(2) in paragraph (4), by striking the period at 
the end and inserting ‘‘; and’’; and 
(3) by adding at the end the following: 
‘‘(5) a unique identification number for each 
mortgage loan, which shall be a part of the perma-
nent record for such loan that is transmitted to any 
subsequent servicers of the loan; 
‘‘(6) for each mortgage loan, the appraised 
value of the residence for which the loan was made 
as of the time of the origination of the loan; 
‘‘(7) for each mortgage loan, a classification of 
the structure of the loan, by loan terms, including 
interest rate and repayment terms, such as 30-year 
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fixed, balloon payment, 5-year adjustable rate, and 
such other categories as the Board may establish; 
and 
‘‘(8) for each mortgage loan, the lowest interest 
rate for which the borrower qualified without pay-
ment of discount points (commonly referred to as 
the par rate) to permit identification of mortgagors 
eligible for prime loans who were provided subprime 
loans.’’. 
SEC. 4. REPORTING OF INFORMATION BY SERVICERS. 
Section 304 of the Home Mortgage Disclosure Act 
of 1975 (12 U.S.C. 2803) is amended by adding at the 
end the following new subsection: 
‘‘(n) LOAN SERVICER INFORMATION.— 
‘‘(1) IN GENERAL.—The Board shall, in con-
junction with the Secretary of Housing and Urban 
Development, require other lending institutions, in-
cluding servicers of mortgage loans, to submit to the 
appropriate agency, as identified under subsection 
(h), the information required under paragraph (2) if 
any of the events referred to in paragraph (3) occurs 
during the term of the loan. 
‘‘(2) REQUIRED INFORMATION.—The informa-
tion required under this paragraph with respect to 
a mortgage loan is— 
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‘‘(A) the year that the loan was originated; 
‘‘(B) the unique identifier number estab-
lished for the loan (pursuant to subsection 
(b)(5)); 
‘‘(C) the type of event referred to in para-
graph (3) that occurred with respect to the 
loan; and 
‘‘(D) in the case of any loan for which an 
event referred to in paragraph (3)(D) occurs— 
‘‘(i) whether such event resulted in a 
new disclosure under subsections (a) and 
(b) for a new loan; 
‘‘(ii) a description of the loan modi-
fications made, including any extension of 
amortization period, whether permanent or 
temporary, change in interest rate, write- 
down or recapitalization of any one or 
more of fees, delinquent interest, or prin-
cipal obligation. 
‘‘(3) LOAN EVENTS.—The events referred to in 
this paragraph are the following events: 
‘‘(A) The borrower under the loan becomes 
90 days or more delinquent in payments due 
under the loan. 
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‘‘(B) Foreclosure (including any judicial or 
nonjudicial foreclosure) is commenced with re-
spect to the loan. 
‘‘(C) In the case of any loan that was in 
default or in foreclosure, the borrower under 
the loan becomes current with respect to obliga-
tions under the loan. 
‘‘(D) Any modification is made with re-
spect to the terms of the loan. 
‘‘(E) Foreclosure is completed with respect 
to the loan. 
‘‘(4) DATA COLLECTED BY PRIVATE SECTOR.— 
The Board, in conjunction with the Secretary of 
Housing and Urban Development, shall collect any 
other information regarding mortgage loans, includ-
ing information collected or held by servicers of 
mortgage loans, that the Board considers necessary 
to accomplish the purposes of this Act and the Na-
tional Home Mortgage and Loan Performance Reg-
istry Act of 2009 and to provide a more comprehen-
sive public home mortgage information system. 
‘‘(5) DEFINITION.—For purposes of this para-
graph, the term ‘servicer’ means, with respect to a 
mortgage loan, the person responsible for receiving 
scheduled periodic payments by the borrower under 
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