Section 1 Short title
This Act may be cited as the “HMDA Repeal Act of 2015”.
HMDA Repeal Act of 2015
A BILL
To repeal the Home Mortgage Disclosure Act of 1975, and for other purposes.
Sec. 2 Repeal of the Home Mortgage Disclosure Act of 1975
Repeal— The Home Mortgage Disclosure Act of 1975 (12 U.S.C. 2801 et seq.) is repealed.
Conforming amendments—
Federal Home Loan Bank Act— Section 10(k)(1) of the Federal Home Loan Bank Act (12 U.S.C. 1430(k)(1)) is amended by striking subparagraph (B) and redesignating subparagraph (C) as subparagraph (B).
Housing and Community Development Act of 1992— The Housing and Community Development Act of 1992 (12 U.S.C. 4501 et seq.) is amended—
in section 1323(a), by striking paragraph (2) (relating to “Census tract level reporting”);
in section 1326, by amending subsection (d) to read as follows:
“(d) Mortgage information—Subject to privacy considerations, the Director shall, by regulation or order, provide that certain information relating to single family mortgage data of the enterprises shall be disclosed to the public, in order to make available to the public information collected by the Director under section 1324(b)(6).”
in section 1332(e)—
in paragraph (2)(A)—
by striking “and for which information under the Home Mortgage Disclosure Act of 1975 is publicly available”;
in clause (i), by striking “, or” and inserting “; or”;
in clause (ii), by striking the comma at the end and inserting a period; and
by striking the matter after and below clause (ii); and
by striking paragraphs (4) and (5).
Dodd-Frank Wall Street Reform and Consumer Protection Act— The Dodd-Frank Wall Street Reform and Consumer Protection Act (12 U.S.C. 5301 et seq.) is amended—
in section 1002(12)—
by striking subparagraph (K); and
by redesignating subparagraphs (L) through (R) as subparagraphs (K) through (Q), respectively; and
in section 1013(c)(2)(A), by striking “and the Home Mortgage Disclosure Act”.