Regulatory Relief Bills Pass House
April 14, 2015 – Five pieces of legislation supported by NASCUS passed the House Tuesday: H.R. 685, the Mortgage Choice Act; H.R. 299, the Capital Access for Small Community Financial Institutions Act; H.R. 601, the Eliminate Privacy Notice Confusion Act; H.R. 1259, the Helping Expand Lending Practices in Rural Communities Act; and H.R. 1480, the SAFE Act Confidentiality and Privilege Enhancement Act.
These pieces of legislation, which will provide regulatory relief for consumers, have been a focus of legislators, especially in the House Financial Services Committee.