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Home » Store » News » HFSC Passes Safe Harbors for QMs, TRID Enforcement; Shelby’s Reg Relief Proposals Attached to Funding Bill

HFSC Passes Safe Harbors for QMs, TRID Enforcement; Shelby’s Reg Relief Proposals Attached to Funding Bill

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The House Financial Services Committee has passed a number of mortgage-related bills designed to ease lenders’ liabilities by simplifying rules, reducing complexity and compliance costs, while a streamlined regulatory relief package gained new momentum in the Senate. Late last week, the committee reported out the following bills: H.R. 1210, (Portfolio Lending and Mortgage Access Act); H.R. 1941 (Financial Institutions Examination Fairness and Reform Act); and H.R. 3192 (Homebuyers Assistance Act). H.R. 1210 would modify...
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