Political Quotes

“Mr. Speaker, pursuant to House Resolution 647, I call up the bill (H.R. 3971) to amend the Truth in Lending Act and the Real Estate Settlement Procedures Act of 1974 to modify the requirements for community financial institutions with respect to certain rules relating to mortgage loans, and for other purposes, and ask for its immediate consideration in the House. The Clerk read the title of the bill. The SPEAKER pro tempore. Pursuant to House Resolution 647, an amendment in the nature of a substitute consisting of the text of Rules Committee Print 115-44 is adopted and the bill, as amended, is considered read. The text of the bill, as amended, is as follows: H.R. 3971 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Community Institution Mortgage Relief Act of 2017''. SEC. 2. COMMUNITY FINANCIAL INSTITUTION MORTGAGE RELIEF. (a) Exemption From Escrow Requirements for Loans Held by Smaller Creditors.--Section 129D of the Truth in Lending Act (15 U.S.C.…”