A Brief Overview of H.R. 1210, the Portfolio Lending and Mortgage Access Act : CRS In Focus.

Format:

Book

Government document

Author/Creator:

Library of Congress. Government Division.

Language:

English

Subjects (All):

Credit.

Finance--Law and legislation.

Finance.

Mortgages.

Physical Description:

1 online resource (1 online resource (2 pages)) : digital, PDF file

monochrome

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2015.

System Details:

System requirements: PDF reader software.

text file

PDF

Summary:

Provides overview of H.R. 1210, the Portfolio Lending and Mortgage Access Act, to establish a new Qualified Mortgage (QM) category for certain mortgages held in portfolio by the originating lender, in order to increase the credit available to consumers and reduce regulatory burden on lenders. Explains ability-to-repay rule and QMs and small creditor portfolio QMs.

Notes:

CRS Report.

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Jan. 2016). Reuse except for individual research requires license from ProQuest, LLC.

Other Format:

Microfiche version: Library of Congress. Government Division. Brief Overview of H.R. 1210, the Portfolio Lending and Mortgage Access Act

Access Restriction:

Restricted for use by site license.