Reverse Mortgage Stabilization Act of 2013

Bill: 113-hr-2167
Sponsor: Rep. Heck, Denny [D-WA-10]
Introduced: 2013-05-23 in the House
Policy area: Housing and Community Development
Subjects: Administrative law and regulatory procedures
Department of Housing and Urban Development
Housing finance and home ownership

Summary:
action_date: 2013-05-23
text: 
Reverse Mortgage Stabilization Act of 2013 - Amends the National Housing Act, with respect to mortgage insurance for home equity conversion mortgages (reverse mortgages) of elderly homeowners, to authorize the Secretary of Housing and Urban Development (HUD) to establish, by notice or mortgagee letter, any additional or alternative requirements determined necessary to improve the fiscal safety and soundness of the reverse mortgage program.
 
Declares that such requirements shall take effect upon issuance.

action_date: 2013-05-23
text: 

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

 
Reverse Mortgage Stabilization Act of 2013 - Amends the National Housing Act, with respect to mortgage insurance for home equity conversion mortgages (reverse mortgages) of elderly homeowners, to authorize the Secretary of Housing and Urban Development (HUD) to establish, by notice or mortgagee letter, any additional or alternative requirements determined necessary to improve the fiscal safety and soundness of the reverse mortgage program.
 
Declares that such requirements shall take effect upon issuance.

action_date: 2013-07-30
text: 

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

 
Reverse Mortgage Stabilization Act of 2013 - Amends the National Housing Act, with respect to mortgage insurance for home equity conversion mortgages (reverse mortgages) of elderly homeowners, to authorize the Secretary of Housing and Urban Development (HUD) to establish, by notice or mortgagee letter, any additional or alternative requirements determined necessary to improve the fiscal safety and soundness of the reverse mortgage program.
 
Declares that such requirements shall take effect upon issuance.

action_date: 2013-08-09
text: 
 
(This measure has not been amended since it was introduced. The summary of that version is repeated here.) 
 
Reverse Mortgage Stabilization Act of 2013 - Amends the National Housing Act, with respect to mortgage insurance for home equity conversion mortgages (reverse mortgages) of elderly homeowners, to authorize the Secretary of Housing and Urban Development (HUD) to establish, by notice or mortgagee letter, any additional or alternative requirements determined necessary to improve the fiscal safety and soundness of the reverse mortgage program. 
Declares that such requirements shall take effect upon issuance.


Legislative actions:
action_date: 2013-08-09
text: Became Public Law No: 113-29.
action_date: 2013-08-09
text: Became Public Law No: 113-29.
action_date: 2013-08-09
text: Signed by President.
action_date: 2013-08-09
text: Signed by President.
action_date: 2013-08-01
text: Presented to President.
action_date: 2013-08-01
text: Presented to President.
action_date: 2013-07-31
text: Message on Senate action sent to the House.
action_date: 2013-07-30
text: Passed Senate without amendment by Unanimous Consent.
action_date: 2013-07-30
text: Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
action_date: 2013-07-30
text: Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S6082)
action_date: 2013-07-30
text: Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.(consideration: CR S6082)
action_date: 2013-06-13
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2013-06-12
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2013-06-12
text: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H3300)
action_date: 2013-06-12
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H3300)
action_date: 2013-06-12
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 2167.
action_date: 2013-06-12
text: Considered under suspension of the rules. (consideration: CR H3299-3301)
action_date: 2013-06-12
text: Mr. Hensarling moved to suspend the rules and pass the bill.
action_date: 2013-05-23
text: Referred to the House Committee on Financial Services.
action_date: 2013-05-23
text: Introduced in House
action_date: 2013-05-23
text: Introduced in House

Enacted as: number: 113-29