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![handle is hein.congrecreports/crptxaely0001 and id is 1 raw text is: AUTHENTICATED
U.S. GOVERNMENT
INFORMATION
GPO
117TH CONGRESS ' REPT. 117-370
2d Session HOUSE OF REPRESENTATIVES Part 1
IMPROVING LANGUAGE ACCESS IN MORTGAGE
SERVICING ACT OF 2021
JUNE 15, 2022.-Committed to the Committee of the Whole House on the State of
the Union and ordered to be printed
Ms. WATERS, from the Committee on Financial Services,
submitted the following
R E P O R T
[To accompany H.R. 3009]
[Including cost estimate of the Congressional Budget Office]
The Committee on Financial Services, to whom was referred the
bill (H.R. 3009) to amend the Truth in Lending Act and the Real
Estate Settlement Procedures Act of 1974 to establish language ac-
cess requirements for creditors and servicers, and for other pur-
poses, having considered the same, reports favorably thereon with
an amendment and recommends that the bill as amended do pass.
CONTENTS
Page
Purpose and Sum m ary ............................................................................................ 6
Background and Need for Legislation ................................................................... 6
Section-by-Section Analysis of the Legislation ..................................................... 7
Hearings ................................................................................................................... 8
Com m ittee Consideration ........................................................................................ 8
Committee Votes ..................................................................................................... 8
Com m ittee Oversight Findings ............................................................................... 11
Statement of Performance Goals and Objectives .................................................. 11
New Budget Authority and C.B.O. Cost Estimate ................................................ 11
Com m ittee Cost Estim ate ....................................................................................... 14
Federal M andates Statem ent ................................................................................. 14
Advisory Com m ittee Statem ent .............................................................................. 14
Applicability to Legislative Branch ........................................................................ 14
Congressional Earmarks, Limited Tax Benefits, and Limited Tariff Benefits ... 14
Duplicative Federal Program s ................................................................................ 14
Changes to Existing Law ........................................................................................ 15
The amendment is as follows:
Strike all after the enacting clause and insert the following:
29-006](ViewImageLocal?handle=hein.congrecreports/crptxaely0001&div=1&collection=&method=preview&ext=.png&size=3)