,,iib  #aae? ,,congress  #a/ ,session   
,h4 ,r4 #ciga  ,,9 ,,! ,,s5ate ,,( ,,!  
,,unit$ ,,/ates  ,decemb] #ac1          
#bjag,receiv$2 read twice & ref]r$ to ! 
,committee on ,bank+1 ,h\s+1 & ,urban   
,affairs  ,,an ,,act  ,to am5d ! ,tru? 9
 ,l5d+ ,act & ! ,real ,e/ate ,settlem5t 
,proc$ures ,act ( #aigd to modify !     
requirem5ts = community f9ancial        
in/itutions ) respect to c]ta9 rules    
relat+ to mortgage loans1 & = o!r       
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,community ,in/itution     
,mortgage ,relief ,act ( #bjag4  #b4    
,community f9ancial in/itution mortgage 
relief  7a7 ,exemption f escr[          
requirem5ts = loans held by small]      
cr$itors ,section #abi;,d ( ! ,tru? 9   
,l5d+ ,act 7#ae ,u4,s4,c4 #afci;d7 is   
am5d$--  7#a7 by add+ at ! end ! foll[+3
  7k7 ,safe h>bor = loans held by small]
 cr$itors  7#a7 ,9 g5]al ,a cr$itor %all
 n be 9 violation ( subsection 7a7 )    
respect to a loan if--  7,a7 ! cr$itor  
has consolidat$ assets ( #aj1jjj1jjj1jjj

 or less2 &  7,b7 ! cr$itor holds ! loan
 on ! balance %eet ( ! cr$itor = !      
#c-ye> p]iod beg9n+ on ! date ( !       
orig9ation ( ! loan4  7#b7 ,exception = 
c]ta9 transf]s ,9 ! case ( a cr$itor t  
transf]s a loan to ano!r p]son by reason
 ( ! bankruptcy or failure ( ! cr$itor1 
! pur*ase ( ! cr$itor1 or a sup]visory  
act or recomm5dation f a ,/ate or ,f$]al
 regulator1 ! cr$itor %all be deem$ to h
 compli$ ) ! requirem5t "u p>agraph     
7#a77;,b74  2 &  7#b7 by /rik+ ! t]m    
,bo>d ea* place su* t]m appe>s & ins]t+ 
,bureau4  7b7 ,modification to exemption
 = small s]vic]s ( mortgage loans       
,section #f ( ! ,real ,e/ate ,settlem5t 
,proc$ures ,act ( #aigd 7#ab ,u4,s4,c4  
#bfje7 is am5d$ by add+ at ! end !      
foll[+3  7n7 ,small ,s]vic] ,exemption  
,! ,bureau %all1 by regulation1 provide 
exemptions to1 or adju/m5ts =1 !        
provisions ( ?is section = a s]vic] t   
annually s]vices #bj1jjj or few]        
mortgage loans1 9 ord] to r$uce         
regulatory burd5s :ile appropriately    

balanc+ consum] protections4  4  ,pass$ 
! ,h\se ( ,repres5tatives ,decemb] #ab1 
#bjag4,k>5 ,l4 ,haas1,cl]k4