House Passes Mortgage Choice Act

February 8, 2018

The U.S. House of Representatives on Feb. 8 voted 280-131 to pass H.R. 1153, the Mortgage Choice Act of 2017, which would relax the restriction on fees paid to lender-affiliated title companies in Qualified Mortgage (QM) transactions.

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ALTA Advocacy Summit—the event formerly known as ALTA Federal Conference and Lobby Day—is the premier event that unites ALTA members with federal lawmakers to advance policies that affect American property rights. ALTA Advocacy Summit features round-table discussions and intimate forums on public policies regarding important topics such as title insurance, disclosure, mortgages and taxes.