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Gen. Armchair
9 Posts |
 Posted - 11/14/2007 : 5:58:37 PM
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H.R.3915 goes to the House of Representatives for a vote on Thursday 11/15/07. Don't let the Big Banks win. Contact your Congressman now!
Not sure how to contact your Congressman? Go here: http://www.house.gov/
From NAMB...
Thank you for responding to last week's call-to-action on H.R. 3915 asking the House Financial Services Committee ("HFSC") to amend H.R. 3915, the "Mortgage Reform and Anti-Predatory Lending Act of 2007," and allow small business mortgage brokers everywhere to continue to serve the consumers in their communities. Last week, the HFSC approved H.R. 3915 by a 45-19 vote, clearing the way for the bill to move to the House floor for a full vote this Thursday, November 15, 2007.
Following the mark-up of the bill by the HFSC, NAMB's Government Affairs team continued to work tirelessly with members of Congress and their staffs to clarify the anti-steering provision to ensure that consumers continue to have the ability to finance origination fees and costs and to clarify our ability to receive compensation for our work. Thanks to your patience and timely response when called to action, I am pleased to report that clarifications to the anti-steering language have been made and our concerns have been addressed.
Our work is not finished. Specifically, Title III, which proposes changes to HOEPA that will adversely affect consumers' ability to obtain mortgage financing, must be amended or removed entirely. We anticipate that there will be a number of amendments offered to Title III when H.R. 3915 reaches the House floor. TODAY, we are asking you to CONTACT YOUR CONGRESSIONAL REPRESENTATIVE and urge him or her to support any amendment(s) that may be offered by Rep. Gary Miller (R-CA) to modify Title III, or any other amendment offered to eliminate Title III in its entirety, to help ensure credit will remain available for consumers who need it most. The mortgage reform effort in Congress should move forward and H.R. 3915 is the first step, of many, in this deliberate process.
With H.R. 3915 set to go to the House floor for a vote this Thursday, November 15, 2007, THE TIME TO ACT IS NOW.
Sic Semper Tyrannis! |
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Gen. Armchair
9 Posts |
Posted - 11/15/2007 : 06:21:29 AM
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| Watch your future unfold today here: http://www.c-span.org/ |
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Gen. Armchair
9 Posts |
Posted - 11/15/2007 : 06:25:39 AM
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| it's LIVE NOW. 9.22 EST |
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Gen. Armchair
9 Posts |
Posted - 11/15/2007 : 06:39:10 AM
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| Am I the only one watching this? It's very entertaining. |
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keckpas
1176 Posts |
Posted - 11/15/2007 : 06:41:10 AM
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| I'm watching too. |
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cbcoop
390 Posts |
Posted - 11/15/2007 : 09:50:05 AM
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| I missed it...so whats the latest???? |
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lucky1s
3880 Posts |
Posted - 11/15/2007 : 09:57:50 AM
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| Is it over? |
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keckpas
1176 Posts |
Posted - 11/15/2007 : 10:03:10 AM
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| It was strange - CNN (online) suddenly changed to a different hearing right in the middle. |
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SMCGRANE
24 Posts |
Posted - 11/15/2007 : 11:04:50 AM
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Does anyone know how this turned out?
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lucky1s
3880 Posts |
Posted - 11/15/2007 : 11:09:18 AM
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| The Yae's outvoted the Nay's. |
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cvm2
263 Posts |
Posted - 11/15/2007 : 11:13:49 AM
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they it will pass
listening now |
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Gen. Armchair
9 Posts |
Posted - 11/15/2007 : 11:15:17 AM
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They are currently voting on ammendments to the bill. It has not been voted on as a bill just yet. Go here to watch live...
http://www.c-span.org/watch/cs_cspan_rm.asp?Cat=TV&Code=CS |
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lunarhamster
5872 Posts |
Posted - 11/15/2007 : 11:18:05 AM
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| Did you all see the guy talking about pre-pays, about 20 min ago... he acted like pre-pays last about 10-15 years, do these people even know what the hell they talking about? This is who is deciding our future? OMG, I am scared now. |
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lunarhamster
5872 Posts |
Posted - 11/15/2007 : 11:26:38 AM
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| ub uh dubba dub.. uhhh.. that is what this sounds like. |
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dmoises
84 Posts |
Posted - 11/15/2007 : 11:34:10 AM
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| Nay |
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ADVISEUMORT
404 Posts |
Posted - 11/15/2007 : 11:40:04 AM
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| doesnt it need like 70% to pass? |
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mortgagemessiah
8003 Posts |
Posted - 11/15/2007 : 11:44:04 AM
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| no simple majority |
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VVance
4866 Posts |
Posted - 11/15/2007 : 11:57:41 AM
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quote:
Originally posted by lunarhamster
Did you all see the guy talking about pre-pays, about 20 min ago... he acted like pre-pays last about 10-15 years, do these people even know what the hell they talking about? This is who is deciding our future? OMG, I am scared now.
Agreed. Welcome to ignorance and disconnect. |
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