Press Releases

Tonight, the House of Representatives passed H.R. 685, the Mortgage Choice Act of 2015, authored by Congressman Bill Huizenga (MI-02). This legislation is narrowly focused to promote access to affordable mortgage credit without overturning the important consumer protections and sound underwriting required under Dodd-Frank's "ability to repay" provisions. The Mortgage Choice Act passed the House by a bipartisan vote of 286 to 140.

Congressman Huizenga: “A qualified mortgage is the gold standard of home loans. Hardworking families should not be denied access to a qualified mortgage because of technicalities that are largely out of their control. The Mortgage Choice Act enacts commonsense reforms to Dodd Frank making it possible for low and middle income families to achieve a portion of the American Dream. I am glad to see strong bipartisan support for the effort to make homeownership an attainable goal.”


Speaker of The House John Boehner: “Affordable housing is vital for low and middle income families and workers, but far too often, Washington’s regulatory overreach and red tape gets in the way of their American dream. By increasing access and promoting choice for consumers, this legislation will help more hardworking Americans get ahead and achieve financial independence.”

House Majority Leader Kevin McCarthy: “I want to thank Representative Huizenga for being a champion on this legislation to give the American people the room they need to achieve their dreams. So let’s get behind the American people and help them reach financial independence by supporting this bill.

Financial Services Committee Chairman Jeb Hensarling: “If we follow the logic of the far left, McDonald’s could serve you a burger but they could no longer serve you fries. You would have to go across the street to Burger King for your fries there. I guess National Tire and Battery would have to be National Tire. They couldn’t sell you a battery anymore. Consumers would be protected and not have their choices recognized. I guess the phone company could no longer offer you a discount on internet and cable and phone put together because, my Lord, those are affiliations, Mr. Speaker. … I thank the gentleman from Michigan for his leadership on our committee and for bringing this bill through our committee on a strong, bipartisan vote.”