Let Lenders Lend Act

Bill: 117-hr-34
Sponsor: full_name: Rep. Biggs, Andy [R-AZ-5]
Introduced: 2021-01-04
Policy area: Housing and Community Development
Subjects: Administrative law and regulatory procedures

Banking and financial institutions regulation

Housing discrimination

Housing finance and home ownership

Housing industry and standards
Latest action: action_date: 2021-01-04
text: Referred to the House Committee on Financial Services.

Summaries:
action_date: 2021-01-04
action_desc: Introduced in House
text: <p><strong>Let Lenders Lend Act</strong></p> <p>This bill nullifies the final rule issued by the Consumer Financial Protection Bureau titled <i>Home Mortgage Disclosure (Regulation C)</i> and published on October 28, 2015. (The rule expands the scope of information that financial institutions must disclose regarding home mortgages.)</p>

tv_txt: I 117th CONGRESS 1st Session H. R. 34 IN THE HOUSE OF REPRESENTATIVES January 4, 2021 Mr. Biggs introduced the following bill; which was referred to the Committee on Financial Services A BILL To provide that the final rule of the Bureau of Consumer Financial Protection titled Home Mortgage Disclosure (Regulation C) shall have no force or effect.

1. Short title This Act may be cited as the Let Lenders Lend Act . 2. Home mortgage disclosure rule The final rule issued by the Bureau of Consumer Financial Protection titled Home Mortgage Disclosure (Regulation C) (October 28, 2015; 80 Fed. Reg. 66128) shall have no force or effect.