Preserving Access to Manufactured Housing Act of 2015
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HR 650 — Preserving Access to Manufactured Housing Act of 2015
Last action — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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Died in session
This bill died with 114th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Preserving Access to Manufactured Housing Act of 2015 (Sec. 2) Amends the Truth in Lending Act to revise the exclusion from the meaning of "mortgage originator" of any employee of a retailer of manufactured homes who does not for compensation or gain take residential mortgage loan applications, for compensation or gain offer or negotiate terms of a residential mortgage loan, or advise a consumer on loan terms (including rates, fees, and other costs). Excludes from the meaning of "mortgage originator," instead, any retailer of manufactured or modular homes or its employees unless the retailer or its employees receive compensation or gain for engaging in certain activities in excess of any compensation or gain received in a comparable cash transaction. (Sec. 3) Revises the definition of "high cost mortgage."
Bill Text
We don't have the full text on file for this bill yet.
Read HR 650 on the official United States source →Action History
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Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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Motion to reconsider laid on the table Agreed to without objection.
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On passage Passed by the Yeas and Nays: 263 - 162 (Roll no. 151). (text: CR H2178)
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On motion to recommit with instructions Failed by the Yeas and Nays: 184 - 239 (Roll no. 150).
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DEBATE - The House proceeded with 10 minutes of debate on the Waters motion to recommit with instructions. The instructions contained in the motion seek to report the same back to the House forthwith with an amendment to ensure that the underlying legislation does not benefit lenders or individuals that have engaged in unfair, deceptive, predatory, or abusive lending practices, or have been convicted of mortgage fraud, pending reservation of a point of order. Subsequently, the reservation of a point of order was removed.
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Ms. Waters, Maxine moved to recommit with instructions to the Committee on Financial Services. (consideration: CR H2194-2196)
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Pursuant to clause 1(c) of Rule 19, further proceedings on H.R. 650 resumed.
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Considered as unfinished business. (consideration: CR H2194-2197)
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POSTPONED PROCEEDINGS - Pursuant to clause 1(c) of Rule 19, further proceedings on H.R. 650 was postponed.
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The previous question was ordered pursuant to the rule. (consideration: CR H2188)
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DEBATE - Pursuant to the provisions of H. Res. 189, the House proceeded with one hour of debate on H. R. 650.
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Considered under the provisions of rule H. Res. 189. (consideration: CR H2178-2188)
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Rules Committee Resolution H. Res. 189 Reported to House. Resolution provides for consideration of 3 measures: H.R. 650; H.R. 685; and S. Con. Res. 11.
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Placed on the Union Calendar, Calendar No. 34.
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Reported by the Committee on Financial Services. H. Rept. 114-53.
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Ordered to be Reported by the Yeas and Nays: 43 - 15.
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Committee Consideration and Mark-up Session Held.
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Committee Consideration and Mark-up Session Held.
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Sponsor introductory remarks on measure. (CR E157)
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Referred to the House Committee on Financial Services.
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Introduced in House
Sponsors
- Stephen Fincher · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (546)
546 members have not signed on to this bill.
Show all 546 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does HR 650 do?
- Preserving Access to Manufactured Housing Act of 2015 (Sec. 2) Amends the Truth in Lending Act to revise the exclusion from the meaning of "mortgage originator" of any employee of a retailer of manufactured homes who does not for compensation or gain take residential mortgage loan applications, for compensation or gain offer or negotiate terms of a residential mortgage loan, or advise a consumer on loan terms (including rates, fees, and other costs). Excludes from the meaning of "mortgage originator," instead, any retailer of manufactured or modular homes or its employees unless the retailer or its employees receive compensation or gain for engaging in certain activities in excess of any compensation or gain received in a comparable cash transaction. (Sec. 3) Revises the definition of "high cost mortgage."
- Who sponsors HR 650?
- HR 650 is sponsored by Stephen Fincher (R).
- What is the current status of HR 650?
- This bill died with 114th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HR 650?
- Track HR 650 free on One Click Politics — get push/email alerts when it moves.
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