,,ib  ,union ,calendar ,no4 #hja  #aaeth
 ,,congress  #b;d ,session  ,h4 ,r4     
#begj  ,report ,no4 #aae-ajbd  ,,in     
,,the ,,house ,,of ,,representatives    
,may #ai1 #bjag ,mr4 ,posey introduced  
the following bill2 which was referred  
to the ,committee on ,financial         
,services  ,november #ad1               
#bjah;,additional sponsors3 ,mr4 ,ross  
and ,mr4 ,rohrabacher  ,november #ad1   
#bjah ,committed to the ,committee of   
the ,whole ,house on the ,state of the  
,union and ordered to be printed  ,a    
,,bill  ,to amend the ,truth in ,lending
 ,act to clarify that the points and    
fees in connection with a mortgage loan 
do not include certain compensation     
amounts already taken into account in   
setting the interest rate on such loan1 
and for other purposes4  #a4 ,short     
title ,this ,act may be cited as the    
,mortgage ,fairness ,act of #bjag4  #b4 
,points and fees ,section #ajc of the   
,truth in ,lending ,act 7#ae ,u4,s4,c4  
#afjb7 is amended--  7#a7 by            

redesignating subsection 7aa7 7relating 
to disclosure of the greater amount or  
percentage7 as subsection 7bb72  7#b7 by
 redesignating subsection 7bb7 7relating
 to high cost mortgages7 as subsection  
7aa71 and moving such subsection to     
immediately follow subsection 7z72 and  
7#c7 in paragraph 7#d7 of subsection    
7aa71 as so redesignated1 by amending   
subparagraph 7,b7 to read as follows3   
7,b7 all compensation from any source   
7other than compensation taken into     
account in setting the interest rate and
 for which there is no separate charge  
to the consumer7 paid directly or       
indirectly by a consumer or creditor    
to--  7i7 a mortgage originator1        
including a mortgage originator that is 
also the creditor in a table-funded     
transaction2 or  7ii7 an individual     
employed by or contracting with the     
originator or a mortgage originator2  4 
,november #ad1 #bjah ,committed to the  
,committee of the ,whole ,house on the  
,state of the ,union and ordered to be  

printed