Bills › 90th General Assembly
HSB 100
Where it is now
- Done: IntroducedJanuary 26, 2023
- Done: SubcommitteeJanuary 26, 2023
- Stopped: House committeeDied when the General Assembly ended
- Next: Passes the House
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2024 session adjourned on April 19, 2024, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary Lenders who provide home loans will follow the same rules for fees as federal regulations. If a lender keeps their total charges below certain limits set for qualified mortgages, they will meet Iowa's requirements for loan costs. This change helps make sure state and federal rules for home loans match up.1
Read the official explanation
This bill relates to real estate loan charges. The bill aligns a state lender with federal regulations regarding minimum standards for transactions secured by a dwelling. The bill provides that a lender making a loan to a borrower in which the total fees and charges do not exceed the amounts listed under C.F.R. §1026.43(e)(3) regarding limits on points and fees for qualified mortgages shall be considered compliant with Code section 535.8 regarding loan charges.
House subcommittee
Named January 26, 2023. It hasn’t reported yet.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part