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Main Subject: Finance and financial sector

Improving Language Access in Mortgage Servicing Act of 2021 This bill establishes language translation requirements related to residential mortgage applications and servicing. The Consumer Financial Protection Bureau (CFPB) must create a standard language preference form. Creditors and servicers must provide this form to consumers along with residential mortgage applications and certain notices related to a mortgage loan. Upon notice of a consumer's language preference, creditors and servicers must provide (1) oral interpretation services; and (2) translated documents, if available. The CFPB and the Federal Housing Finance Agency must publish translated documents used in association with a residential mortgage.

House floor actions Actions

Calendars
Jun. 15 2022	Placed on the Union Calendar, Calendar No. 281.

Discharge
Jun. 15 2022	Committee on Veterans' Affairs discharged.

Committee
Jun. 15 2022	Reported (Amended) by the Committee on Financial Services. H. Rept. 117-370, Part I.

IntroReferral

May. 07
2021

Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Library of Congress Actions

Committee
Jun. 15 2022	Committee on Veterans' Affairs discharged. Reported (Amended) by the Committee on Financial Services. H. Rept. 117-370, Part I.

IntroReferral
May. 07 2021	Introduced in House Introduced in House

House committee actions Actions

Committee
Jul. 26 2021	Referred to the Subcommittee on Economic Opportunity.
May. 12 2021	Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 29 - 24. Committee Consideration and Mark-up Session Held.

House bill HR3009-117

Improving Language Access in Mortgage Servicing Act of 2021

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