,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #cbjf  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #f1 #bjbe,mr4    
,g>b>9o 7= himself & ,mr4 ,vic5te       
,gonzalez ( ,texas7 introduc$ ! foll[+  
bill2 :i* 0 ref]r$ to ! ,committee on   
,f9ancial ,s]vices  ,a ,,bill  ,to      
provide additional requirem5ts = !      
pur*ase & sale ( conv5tional mortgages  
by ! ent]prises1 & = o!r purposes4  #a4 
,%ort title ,?is ,act may be cit$ z !   
,protect+ ,am]ica's ,prop]ty ,rights    
,act4  #b4 ,ensur+ safe & s\nd li5 &    
title protection products  7a7          
,prud5tial managem5t ,section #aajh7;a7 
( ! ,f$]al ,h\s+ ,ent]prises ,f9ancial  
,safety & ,s\ndness ,act ( #aiib 7#ab   
,u4,s4,c4 #deac;b7a77 is am5d$ by ins]t+
 at ! end ! foll[+3  7#ab7 managem5t (  
risk relat$ to loss or damage suff]$ by 
reason ( li5s1 encumbrances ^u1 or      
defects 9 ! title to su* prop]ty1 or !  
invalidity or un5=ceability ( any li5s  
or encumbrances !reon by utiliz+ ?ird   
p>ty products subject to regulation by--

 7,a7 a ,/ate insurance au?ority z def9$
 9 #ae section #fhji7aa7 ( title #ae1   
,unit$ ,/ates ,code2 or  7,b7 a ,/ate   
regulator z def9$ 9 section #edha7bb7 ( 
title #ab1 ,unit$ ,/ates ,code4  4  7b7 
,capital ,/&>ds ,9 e/abli%+ m9imum      
capital level pursuant to section #dfab 
( title #ab1 ,unit$ ,/ates ,code1 !     
,director %all require ! ,ent]prises to 
hold an additional #a4jj p]c5t ( !      
unpaid pr9cipal balance ( any mortgage  
pur*as$ by ! ,ent]prises t does n meet !
 requirem5ts ( subsection 7a74  7c7     
,implem5tation & ,compliance ,!         
,director %all1 n lat] ?an #ahj days    
aft] ! date ( enactm5t ( ?is section1   
issue su* regulations & guidance z      
necess>y to ensure compliance )         
subsection 7a71 includ+ requir+ !       
,ent]prises to v]ify t any product meet+
 ! def9ition 9 subsection 7a7 is        
appropriately regulat$4  7d7 ,def9itions
 ,= purposes ( ?is section--  7#a7 ! t]m
 ,ent]prises %all h ! same mean+ z 9    
section #dejb7aj7 ( title #ab1 ,unit$   

,/ates ,code2 &  7#b7 ! t]m ,director   
%all h ! same mean+ z 9 section #djeb7i7
 ( title #ab1 ,unit$ ,/ates ,code4