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H.R. 314: Mortgage Servicing Clarification Act

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H.R. 314: Mortgage Servicing Clarification Act

108th Congress · introduced 2003-01-08 · Finance and Financial Sector · Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2003-01-08 · official record
  2. Who proposed it: Rep. Royce, Edward R. [R-CA-40] · what a sponsor is
  3. What happened next: 1 recorded vote in our records. Latest: House roll call 68 (2003): On Motion to Suspend the Rules and Pass, HR314 (2003-03-19), Passed. See all
  4. Where it stands now: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Mortgage Servicing Clarification Act

Plain summary

(This measure has not been amended since it was introduced in the House on January 8, 2003. The summary of that version is repeated here.) Mortgage Servicing Clarification Act - Amends the Fair Debt Collection Practices Act to exempt from certain mandatory debt collection disclosures (that the debt collector is attempting to collect a debt and any information obtained will be used for that purpose) any servicer of federally related mortgage loans secured by first liens that include loans in default at the time such servicer became responsible for servicing such loans, if the servicer is also a debt collector whose collections are incidental to a primary function of servicing current federally related-mortgage loans.

Congressional Research Service summary (Passed House without amendment), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Mortgage Servicing Clarification Act

Source: Congressional Research Service summary (Passed House without amendment)

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The strongest published arguments

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Royce, Edward R. [R-CA-40] · 8 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Brad Sherman (D-CA), Gregory W. Meeks (D-NY)

Recorded votes

Words on this page, explained (1)
Exemption
A rule that removes certain people, property or activities from a tax or requirement.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong108-hr314 · catalog fed-us-congress-bills-cong108 · updated 2026-11-15 by psicol fed-bills-cong108