,,ii  #aac? ,,congress  #a/ ,session    
,s4 #ahbh  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,decemb] #af1 #bjac,mr4
 ,donnelly 7= himself & ,mr4 ,coburn7   
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to am5d ! ,tru? 9 ,l5d+ ,act to
 modify ! def9itions ( a mortgage       
orig9ator & a high-co/ mortgage4  #a4   
,%ort title ,?is ,act may be cit$ z !   
,pres]v+ ,access to ,manufactur$ ,h\s+  
,act ( #bjac4  #b4 ,mortgage orig9ator  
def9ition  7a7 ,am5dm5t to def9ition    
,section #adja ( ! ,dodd-,frank ,wall   
,/reet ,re=m & ,consum] ,protection ,act
 is am5d$1 9 p>agraph 7#b77;,c77ii7 ( ! 
matt] propos$ to be add$ to section #ajc
 ( ! ,tru? 9 ,l5d+ ,act1 by /rik+ an    
employee ( a retail] ( manufactur$ homes
 :o is n describ$ 9 clause 7i7 or 7iii7 
( subp>agraph 7,a7 & :o does n advise a 
consum] on loan t]ms 7includ+ rates1    
fees1 & o!r co/s7 & ins]t+ a retail] (  
manufactur$ or modul> homes or its      

employees unless su* retail] or its     
employees receive comp5sation or ga9 =  
engag+ 9 activities describ$ 9          
subp>agraph 7,a7 t is 9 excess ( any    
comp5sation or ga9 receiv$ 9 a comp>able
 ca% transaction4  7b7 ,te*nical        
am5dm5ts  7#a7 ,section #adja ( !       
,dodd-,frank ,wall ,/reet ,re=m &       
,consum] ,protection ,act is am5d$1 9 ! 
matt] propos$ to be add$ to section #ajc
 ( ! ,tru? 9 ,l5d+ ,act1 by r$esignat+  
subsection 7cc7 z subsection 7dd74  7#b7
 ,section #adca7;d7 ( ! ,dodd-,frank    
,wall ,/reet ,re=m & ,consum]           
,protection ,act is am5d$-- 7,a7 by     
/rik+ subsection 7cc7 & ins]t+          
subsection 7dd72 &  7,b7 9 ! matt]      
propos$ to be add$ to section #ajc ( !  
,tru? 9 ,l5d+ ,act by r$esignat+        
subsection 7dd7 z subsection 7ee74  7c7 
,effective date ,! am5dm5ts made by ?is 
section %all take effect z if includ$ 9 
! provisions ( ! ,dodd-,frank ,wall     
,/reet ,re=m & ,consum] ,protection ,act
 to :i* !y relate4  #c4 ,high-,co/      

mortgage def9ition ,section #ajc ( !    
,tru? 9 ,l5d+ ,act 7#ae ,u4,s4,c4 #afjb7
 is am5d$-- 7#a7 by r$esignat+          
subsection 7aa7 7relat+ to disclosure ( 
great] am\nt or p]c5tage71 z s designat$
 by section #aajj;,a ( ,public ,law     
#aaa-bjc1 z subsection 7bb72  7#b7 by   
r$esignat+ subsection 7bb7 7relat+ to   
high co/ mortgages71 z s designat$ by   
section #aajj;,a ( ,public ,law         
#aaa-bjc1 z subsection 7aa71 & mov+ su* 
subsection to imm$iately foll[          
subsection 7z72 &  7#c7 9 subsection    
7aa77#a77;,a71 z s r$esignat$-- 7,a7 9  
clause 7i77,i71 by /rik+ 7#h4e p]c5tage 
po9ts1 if ! dwell+ is p]sonal prop]ty & 
! transaction is = less ?an #ej1jjj7 &  
ins]t+ 7#aj p]c5tage po9ts if ! dwell+  
is p]sonal prop]ty or is a transaction t
 does n include ! pur*ase ( real prop]ty
 on :i* a dwell+ is to be plac$1 & !    
transaction is = less ?an #ge1jjj 7z su*
 am\nt is adju/$ by ! ,bureau to reflect
 ! *ange 9 ! ,consum] ,price ,index772 &
  7,b7 9 clause 7ii7-- 7i7 9 subclause  

7,i71 by /rik+ or at ! end2 &  7ii7 by  
add+ at ! end ! foll[+3  7,,iii7 9 !    
case ( a transaction = less ?an #ge1jjj 
7z su* am\nt is adju/$ by ! ,bureau to  
reflect ! *ange 9 ! ,consum] ,price     
,index7 9 :i* ! dwell+ is consid]$      
p]sonal prop]ty 7or is a consum] cr$it  
transaction t does n include ! pur*ase (
 real prop]ty on :i* a dwell+ is to be  
plac$7 ! great] ( #e p]c5t ( ! total    
transaction am\nt or #c1jjj 7z su* am\nt
 is adju/$ by ! ,bureau to reflect !    
*ange 9 ! ,consum] ,price ,index72 or  4