Bill Summary & Status for the 107th Congress

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H.R.4627
Title: To amend the Real Estate Settlement Procedures Act of 1974 to prohibit certain unearned fees in connection with settlement services involved in residential mortgage loan transactions.
Sponsor: Rep Barrett, Thomas M. [WI-5] (introduced 5/1/2002)      Cosponsors: 3
Latest Major Action: 5/9/2002 Referred to House subcommittee. Status: Referred to the Subcommittee on Housing and Community Opportunity.
Jump to: Titles, Status, Committees, Related Bill Details, Amendments, Cosponsors, Summary
TITLE(S):  (italics indicate a title for a portion of a bill)
STATUS: (color indicates Senate actions)
5/1/2002:
Referred to the House Committee on Financial Services.
5/9/2002:
Referred to the Subcommittee on Housing and Community Opportunity.
COMMITTEE(S):
RELATED BILL DETAILS:

***NONE***

AMENDMENT(S):

***NONE***

COSPONSORS(3), ALPHABETICAL [followed by Cosponsors withdrawn]:     (Sort: by date)

Rep Gutierrez, Luis V. - 5/2/2002 [IL-4] Rep Rush, Bobby L. - 5/1/2002 [IL-1]
Rep Schakowsky, Janice D. - 5/1/2002 [IL-9]

SUMMARY AS OF:
5/1/2002--Introduced.

Real Estate Settlement Fairness Act - Amends the Real Estate Settlement Procedures Act of 1974 to prohibit certain unearned fees (including certain fee splitting) in connection with settlement services involved in federally related residential mortgage loan transactions.