• 5/13/2008
  House Passes Credit and Debit Card Receipt Clarification Act
  Washington, DC - Today, H.R. 4008, the Credit and Debit Card Receipt Clarification Act, authored by Congressman Tim Mahoney (FL-16), passed the House of Representatives by a unanimous vote of 407-0.  The bill would amend the Fair and Accurate Credit Transaction Act (FACTA) to ensure that it is not abused by frivolous class-action lawsuits against businesses.  Mahoney’s legislation also preserves consumers’ right to sue for negligence resulting in identity theft or credit card account fraud. The legislation will now move to the Senate. Read full story.

• 5/8/2008
  House Passes American Housing Rescue and Foreclosure Prevention Act (H.R. 3221)
  Washington, DC - The U.S. House of Representatives today passed the most comprehensive response yet to the American mortgage crisis.  The American Housing Rescue and Foreclosure Prevention Act (H.R. 3221) responds directly to the current crisis facing middle class Americans while providing the tools to prevent a repeat of these problems.  The legislation combines a number of bipartisan bills including measures to modernize the FHA and reform the GSEs, which will provide crucial liquidity to our mortgage markets now, and also strengthen regulation and oversight for the future.  In addition, the housing package will help families facing foreclosure keep their homes, help other families avoid foreclosures in the future, and help the recovery of communities harmed by empty homes caught in the foreclosure process.    Read full story.

• 5/8/2008
  House Passes Bill Introduced by Congresswoman Waters to Help Communities Hit Hardest by Foreclosure Crisis
  Washington, DC - The U.S. House of Representatives acted today to help communities hit hardest by the housing foreclosure crisis, passing legislation introduced by Congresswoman Maxine Waters (CA-35), the Chairwoman of the Housing and Community Opportunity Subcommittee. Read full story.

• 5/6/2008
  American Housing Rescue and Foreclosure Prevention Act
  Washington, DC - The House this week will consider the American Housing Rescue and Floreclosure Prevention Act.  This bill will amend the Senate-passed H.R. 3221 (As amended by the Senate).  Click here to view the legislation Read full story.

Economic, Mortgage and Housing Rescue Proposal

Predatory and Subprime Mortgage Lending Issues

National Affordable Housing Trust Fund

Executive Compensation

At Issue: Retailers Purchasing Industrial Loan Companies (ILCs)

Response to the Gulf Coast Hurricanes