jiayi-li23/proxann_data huggingface dataset:
Topic: Domestic Commerce — Consumer Finance
Subject: Finance and financial sector
Date: 2008-05-07 00:00:00

Fair and Justifiable Credit Card Interest Rate Act of 2008 - Amends the Truth in Lending Act to prohibit the annual percentage rate applicable to any extension of credit on a credit card account under an open end consumer credit plan from exceeding 20%.
Topic: Domestic Commerce — Consumer Finance
Subject: Housing and community development
Date: 2008-05-13 00:00:00

Prohibits an individual from purchasing or leasing any housing acquired using federal loan or grant funds made available for use under the Neighborhood Stabilization Act of 2008, or any dwelling unit in any such housing, if such individual has been convicted under federal or state law of a drug-dealing offense, a sex offense, or mortgage fraud. Requires each state, metropolitan city, and urban county that is provided such loan or grant amounts, notwithstanding any other preferences required or authorized under such Act for use of such amounts, to give highest priority to providing housing for disabled veterans.
Topic: Domestic Commerce — Consumer Finance
Subject: Finance and financial sector
Date: 2008-05-15 00:00:00

Personal Lines of Insurance Fairness Act of 2008 - Amends the Fair Credit Reporting Act to prohibit a consumer reporting agency from furnishing to any person, and any person from using or obtaining, either a consumer report or consumer information for use in making any decision to underwrite or rate any personal lines of insurance. Exempts from such prohibition insurance information derived from specified data bases, including property loss, driver history, and medical history .
Topic: Domestic Commerce — Consumer Finance
Subject: Housing and community development
Date: 2008-05-15 00:00:00

Home Retention and Economic Stabilization Act of 2008 - Amends the Truth in Lending Act to establish the right of an eligible deferred-foreclosure consumer, defendable in court, to defer initiation of a foreclosure or related action, including a foreclosure sale, brought by any creditor, servicer, or holder of an eligible deferred-foreclosure mortgage, during a specified deferment period. Declares invalid any foreclosure action or proceeding regarding a deferred-foreclosure mortgage if the creditor or servicer fails to notify the consumer: (1) at least 30 days before instituting the action or proceeding; and (2) at least once during each subsequent 30-day period until the foreclosure becomes final. Prescribes procedures governing: (1) initiating foreclosure deferment; (2) payment notices during the deferment period; and (3) the manner of consumer payment during the deferment period. Amortizes over the life of the mortgage the difference between the amount of monthly payment due under the eligible deferred-foreclosure mortgage and the deferment payment amount. Prohibits a creditor or servicer from imposing any late fee or other fee or charge during the deferment period. Requires the creditor or servicer to provide the consumer with separate, written notification, distinct from all other correspondence, regarding: (1) any interest rate increase with respect to a sub-prime mortgage; (2) any minimum monthly payment increase with respect to a negative amortization mortgage; (3) clear and conspicuous disclosure of the good faith estimate of the monthly payment applicable after the adjustment or reset date; and (4) a list of alternatives available to consumers prior to the date of adjustment or increase. Authorizes appropriations for the Neighborhood Reinvestment Corporation to implement foreclosure mitigation activities.
Topic: Domestic Commerce — Consumer Finance
Subject: Housing and community development
Date: 2008-05-21 00:00:00

Saving Family Homes Act of 2008 - Grants eligible mortgagors subject to foreclosure proceedings the right to continue to occupy forclosed properties subject to the payment of fair market rent for a period of 20 years that begins upon the commencement of occupancy of such property.
Topic: Domestic Commerce — Consumer Finance
Subject: Housing and community development
Date: 2008-06-12 00:00:00

Temporary FHA Direct Endorsement Lender Participation Act of 2008 - Amends the Economic Stimulus Act of 2008 to require the Secretary of Housing and Urban Development to authorize the participation of mortgage brokers and lenders meeting certain criteria as direct endorsement mortgagees under the FHA single family mortgage insurance program for mortgages approved by the end of 2008.
Topic: Domestic Commerce — Consumer Finance
Subject: Taxation
Date: 2008-06-25 00:00:00

Responsible Investment for Home Ownership Act of 2008 - Amends the Internal Revenue Code to: (1) establish tax-exempt Home Ownership Mortgage Expense Accounts; (2) allow a tax deduction for contributions to such accounts; (3) allow tax-free distributions from such accounts for the financing or remodeling of a principal residence; and (4) set forth rules for such accounts relating to prohibited transactions, rollover contributions, and account termination. Prohibits illegal aliens making tax deductible contributions to such accounts.
Topic: Domestic Commerce — Consumer Finance
Subject: Armed forces and national security
Date: 2008-07-10 00:00:00

Extends the Department of Veterans Affairs (VA) demonstration projects on the guaranteeing of veterans' adjustable rate and hybrid adjustable rate mortgage loans in a manner similar to which the Secretary of Housing and Urban Development insures such mortgages under the National Housing Act.
Topic: Domestic Commerce — Consumer Finance
Subject: Armed forces and national security
Date: 2008-07-17 00:00:00

Extends the Department of Veterans Affairs (VA) demonstration projects on the guaranteeing of veterans' adjustable rate and hybrid adjustable rate mortgage loans in a manner similar to which the Secretary of Housing and Urban Development insures such mortgages under the National Housing Act.
Topic: Domestic Commerce — Consumer Finance
Subject: Government operations and politics
Date: 2008-07-22 00:00:00

Financial Disclosure Integrity Act - Amends the Ethics in Government Act of 1978 to require the annual financial disclosure reports of certain federal officers and employees to include mortgages secured by real properties which are the personal residences of the reporting individuals or their spouses. Requires the reporting of any liability consisting of such a mortgage to include applicable interest rate payments during the preceding calendar year and the number of years (or portions) remaining on the mortgage. Requires in the financial report a brief description, the date, and category of value of any purchase, sale, or exchange of such a property during a preceding calendar year.
Topic: Domestic Commerce — Consumer Finance
Subject: Finance and financial sector
Date: 2008-07-31 00:00:00

Seasoned Customer CTR Exemption Act of 2008 - Amends federal money and finance law to: (1) repeal certain discretionary exemptions of depository institutions from currency transaction reporting (CTR) requirements; and (2) instruct the Secretary of the Treasury to prescribe regulations that exempt any depository institution from filing certain mandatory reports of currency transactions with a qualified customer. Defines qualified customer as any person that: (1) is incorporated or organized under federal or state law, including a sole proprietorship, or is registered as and eligible to do business within the United States or a state; and (2) has maintained a deposit account with the depository institution for at least two months, or has engaged, using such account, in multiple currency transactions subject to federal CTR requirements. Requires such regulations to require a depository institution to file a one-time notice of designation of exemption for each of its qualified customers. Authorizes the Secretary to: (1) suspend, reject, or revoke any qualified customer exemption notice; and (2) set conditions under which exempt qualified customers of an insured depository institution that is merged with, or acquired by another insured depository institution, will continue to be treated as designated exempt qualified customers of the surviving or acquiring institution. Revises certain mandatory exemptions from CTR requirements. Requires the Secretary to exempt a depository institution from domestic CTR requirements without requiring the depository institution to either file a notice of designation of exemption, or to annually review the information supporting the exemption, with respect to transactions between the depository institution and specified categories of entities. Specifies additions to such categories of entities. Permits a depository institution to elect to report such exempted transactions without being subject to any penalty, liability, enforcement remedy, or supervisory criticism for such reporting.
Topic: Domestic Commerce — Consumer Finance
Subject: Housing and community development
Date: 2008-07-31 00:00:00

FHA Seller-Financed Downpayment Reform and Risk-Based Pricing Authorization Act of 2008 - (Sec. 2) Amends the National Housing Act to make exceptions to the prohibition against mortgage insurance for mortgages involving a downpayment using funds furnished by: (1) the seller or any party that benefits financially from the transaction (seller-financed downpayment); or (2) any third party that is reimbursed by the seller or any such party. Makes eligible for mortgage insurance, in spite of a seller-financed downpayment, any mortagors with credit scores equivalent to a FICO score of: (1) 680 or more; (2) at least 620 but less than 680; or (3) 619 or less. Prescribes conditions for mortgage insurance in the latter two situations. Requires entities participating in a governmental or private nonprofit program that provides downpayment assistance for such a mortgage to offer and make available, before loan closing, counseling about the responsibilities and financial management involved in homeownership. Authorizes the Secretary of Housing and Urban Development to impose civil money penalties for improperly influencing appraisals. (Sec. 3) Prohibits the Secretary from implementing: (1) risk-based premiums designed for mortgage lenders to offer a Federal Housing Administration (FHA)-insured product that provides a range of mortgage insurance premium pricing based upon a specified risk that the insurance contract represents; or (2) any other risk-based premium product for mortgage insurance on a single family residence where the premium price for such new product is based upon the borrower's Decision Credit Score. Makes an exception from such prohibition for flexible risk-based premiums. Authorizes the Secretary to establish, for a mortgagor whose FICO credit score is under 600, a mortgage insurance premium structure with a variable rate that reflects the mortgagor's credit risk, if the basis for determining such rate is established before the mortgage is executed. Requires notice to mortgagees and to Congress before such a premium structure is established or changed. Requires the Secretary to consider specified factors when premiums are established and collected under a flexible risk-based premium structure. Authorizes the Secretary to provide for variations in such rates according to the credit risk associated with the type of mortgage product that is being insured. Requires the Secretary to make payment incentives to a mortgagor, in the form of certain refunds, upon payment in full of timely mortgage payments. Authorizes the Secretary, for mortgages with a flexible risk-based premium, to establish a higher annual premium in lieu of a higher up-front premium.
Topic: Domestic Commerce — Consumer Finance
Subject: Housing and community development
Date: 2008-08-01 00:00:00

Expanding Access to Foreclosure Counseling Act of 2008 - Amends the Foreclosure Prevention Act of 2008, Division B of the Housing and Economic Recovery Act of 2008, with regard to priority consideration the Neighborhood Reinvestment Corporation (NRC) is required to give when making grants to Department of Housing and Urban Development-approved counseling intermediaries which target loss mitigation counseling services to minority and low-income homeowners or provide such services in neighborhoods with high concentrations of minority and low-income homeowners. Revises the requirement that the NRC give priority consideration to counseling intermediaries and legal organizations that provide legal assistance in the 100 metropolitan statistical areas (MSAs) with the highest home foreclosure rates. Requires the NRC, in the case of any of such MSAs which do not have adequate counseling intermediaries and legal organizations providing such legal assistance, to give priority consideration to counseling intermediaries and legal organizations that: (1) do provide such legal assistance in areas near such MSA; and (2) have the capacity to provide it also in such MSA.
Topic: Domestic Commerce — Consumer Finance
Subject: Crime and law enforcement
Date: 2008-09-09 00:00:00

Nationwide Mortgage Fraud Coordinator Act of 2008 - Requires the Director of the Federal Bureau of Investigation (FBI) to assign the Chief of its Financial Crimes Section, Criminal Investigative Division, to be the Nationwide Mortgage Fraud Coordinator, who shall oversee all FBI activities related to investigation of mortgage fraud. Directs the Coordinator to: (1) establish regional task forces, consisting of the voluntary participation of federal, state, and local law enforcement and prosecutorial agencies, to organize initiatives to address mortgage fraud; (2) train such agencies; (3) collect and disseminate mortgage fraud data; and (4) perform other related functions. Authorizes the Coordinator to: (1) establish a toll-free hotline and other information systems for receiving reports and informing the public about mortgage fraud; and (2) creating a database of mortgage industry license suspensions and revocations. Authorizes the Department of Justice, upon consideration of any recommendations by the Coordinator, to: (1) propose legislation to federal, state, and local legislative bodies to assist in the detection, investigation, and prosecution of mortgage fraud, including measures to address mortgage loan procedures and property appraiser practices; and (2) make recommendations to Congress as to the need for additional resources to combat mortgage fraud.
Topic: Domestic Commerce — Consumer Finance
Subject: Finance and financial sector
Date: 2008-09-10 00:00:00

Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Federal Housing Finance Regulatory Reform Act of 2008, to require the Director of the Federal Housing Finance Agency to prohibit any golden parachute payment on or after enactment of this Act with respect to any executive officer or member of the board of directors of: (1) the Federal National Mortgage Association (Fannie Mae) and any affiliate; (2) Federal Home Loan Mortgage Corporation (Freddie Mac) and any affiliate; and (3) any Federal Home Loan Bank.
Topic: Domestic Commerce — Consumer Finance
Date: 2008-09-15 00:00:00

All Bonuses Left Behind Act of 2008 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Federal Housing Finance Regulatory Reform Act of 2008, to prohibit a golden parachute payment or indemnification payment to any executive officer or member of the board of directors of the Federal National Mortgage Association (Fannie Mae) or of the Federal Home Loan Mortgage Corporation (Freddie Mac), except pursuant to federal law that specifically: (1) names the individual to whom the payment is to be made; and (2) identifies the payment or payments.
Topic: Domestic Commerce — Consumer Finance
Date: 2008-09-18 00:00:00

Taxpayer Reimbursement Act of 2008 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Federal Housing Finance Regulatory Reform Act of 2008, to require the Director of the Federal Housing Finance Agency to suspend temporarily any allocations by the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) upon: (1) the appointment of a conservator or receiver, and for the duration of a conservatorship or receivership; or (2) a finding that the federal government has not been fully reimbursed for the costs of such a conservatorship. Repeals the reduced percentages for calendar years 2010 and 2011 to require the use of 100% of certain Fannie Mae and Freddie Mac allocations to reimburse the Treasury for payments on bonds of the HOPE for Homeowners Program for calendar 2009-2001. Suspends the annual goals and duties established for Fannie Mae or Freddie Mac during any period it is in conservatorship or receivership.
Topic: Domestic Commerce — Consumer Finance
Date: 2008-09-18 00:00:00

Loan Shark Prevention Act - Amends the Truth in Lending Act to limit: (1) the annual percentage rate (APR) applicable to any extension of credit to a maximum of 8 percentage points above the interest rate on tax underpayments established under the Internal Revenue Code; and (2) the amount of any fee or charge that a creditor may impose, under the terms of a credit transaction, to $15. Declares that, in the case of any credit card account under an open end consumer credit plan, no fee (including any annual fee, late payment fee, or over-the-limit fee) may be imposed on such account until 30 days after the obligor receives a specific notice of the imposition of such fee. Requires such a notice to explain how, when, and why a fee will be imposed and what options the obligor may have for addressing the fee or any reason for it, including the prevention of any future imposition of such fee.
Topic: Domestic Commerce — Consumer Finance
Date: 2008-09-18 00:00:00

Credit Card Safety Star Act of 2008 - Amends the Truth in Lending Act to direct the Board of Governors of the Federal Reserve System to promulgate rules to implement a Safety Star System, with one to five stars, to allow consumers to compare quickly and easily the terms, conditions, and levels of safety associated with various open end credit plan agreements. Specifies a point structure for rating credit cards. Assigns an automatic one-star rating (the lowest level of safety) to any open end credit plan: (1) that allows the card issuer to modify the terms of the agreement with a cardholder at any time or periodically for unspecified or unstated reasons; or (2) under which other accounts, or changes by a third party in the cardholder's credit rating, are used as a basis for adverse changes in the agreement (including universal default). Establishes the Credit Card Safety Star Advisory Commission.
Topic: Domestic Commerce — Consumer Finance
Date: 2008-09-22 00:00:00

Independent Fannie Mae and Freddie Mac Investigative Commission Act - Establishes the Independent Fannie Mae and Freddie Mac Investigative Commission to investigate and issue a final report on the period following the savings and loan crisis of the 1980s to the present. Requires the Commission to investigate: (1) the policies, practices, and board decisions of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) from the 1990s through the present that led to their financial instability and subsequent federal conservatorship; (2) Fannie Mae and Freddie Mac's involvement, if any, in the creation and proliferation of the securitized mortgage instrument, and how such instrument affected their solvency; (3) the role of their boards of directors in developing their accounting and financial risk policies; (4) the actions of each board member or members, executive officer or officers, or the board member or members and executive officer or officers responsible for making the financial decisions to grow the enterprises' portfolios of subprime mortgage loans; and (5) the board member or members, executive officer or officers, or the board member or members and executive officer or officers responsible for making the decisions that may have encouraged the proliferation of the subprime mortgage industry.
Topic: Domestic Commerce — Consumer Finance
Date: 2008-09-25 00:00:00

Government-Sponsored Enterprises Free Market Reform Act of 2008 - Sets a deadline for the Director of the Federal Housing Finance Agency to terminate the conservatorship of either the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) if the Director determines that it is financially viable. (Refers to both Fannie Mae and Freddie Mac as enterprises.) Requires the Director to appoint the Federal Housing Finance Agency immediately as receiver of either enterprise if it is found not to be financially viable. Restricts the authority of an enterprise to acquire mortgage assets following its emergence from conservatorship. Requires the Director to establish mandatory minimum capital levels for the enterprises. Amends the Economic Stimulus Act of 2008 to repeal the temporary conforming loan limit increase for the enterprises.Amends the Federal National Mortgage Association Charter Act and the Federal Home Loan Mortgage Corporation Act to repeal provisions governing enterprise authority to purchase and sell certain insured and conventional mortgages and to engage in certain lending activities.Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to repeal the new housing price index.Amends the Housing and Economic Recovery Act of 2008 to repeal certain conforming loan limits.Requires the enterprises to pay state and local taxes.Instructs the Director to assess each enterprise for the amount necessary to recoup to the federal government the full value of the benefit the enterprise receives from federal guarantees for its obligations and financial viability. Directs the Comptroller General to study and report to Congress on a risk-based pricing mechanism to determine accurately the value of the benefit the enterprises receive from such federal guarantees. Requires the wind down and dissolution of an enterprise whose charter is not renewed.
Topic: Domestic Commerce — Consumer Finance
Date: 2008-09-26 00:00:00

Preserve Our Neighborhoods Act of 2008 - Cites conditions under which a local government may purchase from the Secretary of the Treasury at the price of $1 per mortgage a group of at least 25 available mortgages, each of which is secured by real property. Requires the Secretary to make available to the public, at 90-day intervals, a list of all parcels of real estate, identified by specific address, that are available for purchase. Authorizes the Secretary to sell such mortgages. Applies the National Historic Preservation Act with respect to the rights in property acquired by local governments as a result of the foreclosure of mortgages purchased under this Act.