Up for Debate This Week: Mortgage Reform and Education

WASHINGTON, Nov. 12  /PRNewswire-USNewswire/ -- This is the WashingtonWatch.com federal legislative update for the week of November 12, 2007.

This week the House will debate H.R. 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007. It would amend the Truth in Lending Act to reform consumer mortgage practices, establish licensing and registration requirements for residential mortgage originators, and create minimum standards for consumer mortgage loans. Its passage would cost a little over $4 per U.S. family.

  H.R. 391
  The Mortgage Reform and Anti-Predatory Lending Act of 2007
  Costs $4.15 per family
  What People Think: 12% For, 88% Against
  http://www.washingtonwatch.com/bills/show/110_HR_3915.html



The House will also vote on the conference report for H.R. 1429, the Improving Head Start Act, which would reauthorize this education support program. Its passage would cost the average U.S. family a little over $300.

  H.R. 1429
  The Improving Head Start Act of 2007
  Costs $303.07 per family
  What People Think: 49% For, 51% Against
  http://www.washingtonwatch.com/bills/show/110_HR_1429.html



Displayed below are select new, updated, and passed items with their cost or savings per family.

  New Items

  H.R. 1534
  The Mercury Export Ban Act of 2007
  Costs $0.11 per family
  http://www.washingtonwatch.com/bills/show/110_HR_1534.html

  H.R. 3221


The New Direction for Energy Independence, National Security, and Consumer Protection Act

  Costs $326.55 per family
  http://www.washingtonwatch.com/bills/show/110_HR_3221.html

  H.R. 3866
  The Small Business Programs Act of 2007
  Costs $120.17 per family
  http://www.washingtonwatch.com/bills/show/110_HR_3866.html

  H.R. 3915
  The Mortgage Reform and Anti-Predatory Lending Act of 2007
  Costs $4.15 per family
  http://www.washingtonwatch.com/bills/show/110_HR_3915.html

  H.R. 29


To authorize the Secretary of the Interior to construct facilities to provide water for irrigation, municipal, domestic, military, and other uses from the Santa Margarita River, California, and for other purposes

  Costs $0.56 per family
  http://www.washingtonwatch.com/bills/show/110_HR_29.html

  H.R. 3688
  The United States-Peru Trade Promotion Agreement Implementation Act
  Saves $6.20 per family
  http://www.washingtonwatch.com/bills/show/110_HR_3688.html

  Updated Items

  H.R. 3996
  The Temporary Tax Relief Act of 2007
  Saves $91.48 per family
  http://www.washingtonwatch.com/bills/show/110_HR_3996.html

  H.R. 3997
  The Heroes Earnings Assistance and Relief Tax Act of 2007
  Costs $0.67 per family
  http://www.washingtonwatch.com/bills/show/110_HR_3997.html

  Passed Items

  P.L. 110-110
  The Joshua Omvig Veterans Suicide Prevention Act
  Costs $0.00 per family
  http://www.washingtonwatch.com/bills/show/110_PL_110-110.html

  P.L. 110-111
  The Veterans' Compensation Cost-of-Living Adjustment Act of 2007
  Costs $86.52 per family
  http://www.washingtonwatch.com/bills/show/110_PL_110-111.html

  P.L. 110-113
  The Procedural Fairness for September 11 Victims Act of 2007
  http://www.washingtonwatch.com/bills/show/110_PL_110-113.html

  P.L. 110-114
  The Water Resources Development Act of 2007
  Costs $179.11 per family
  http://www.washingtonwatch.com/bills/show/110_PL_110-114.html


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