S. 331: Home Loan Quality Transparency Act of 2019

116th Congress · introduced 2019-02-05 · Finance and Financial Sector · Latest: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

federal

Follow this bill, step by step

Where it came from: introduced 2019-02-05 · official record
Who proposed it: Sen. Cortez Masto, Catherine [D-NV] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: 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.
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

Home Loan Quality Transparency Act of 2019

Plain summary

Home Loan Quality Transparency Act of 2019 This bill expands requirements for public disclosures by depository institutions and credit unions regarding mortgages and home equity lines of credit. Specifically, institutions originating fewer than 500 mortgage loans or open-end lines of credit annually are no longer exempt from certain financial reporting.

Congressional Research Service summary (Introduced in Senate), 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

Home Loan Quality Transparency Act of 2019

Source: Congressional Research Service summary (Introduced in Senate)

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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: Sen. Cortez Masto, Catherine [D-NV] · 15 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Richard J. Durbin (D-IL), Tammy Duckworth (D-IL), Cory A. Booker (D-NJ), Maria Cantwell (D-WA), Kirsten E. Gillibrand (D-NY), Elizabeth Warren (D-MA), Ron Wyden (D-OR), Tina Smith (D-MN), Chris Van Hollen (D-MD), Richard Blumenthal (D-CT), Amy Klobuchar (D-MN)

Sponsor's campaign money: Sen. Cortez Masto, Catherine [D-NV] reported raising $2.6 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Exemption: A rule that removes certain people, property or activities from a tax or requirement.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in Senate)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-116s331.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/116/s>

Record fed-us-cong116-s331 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116