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Cogent Road launches padded credit score detection tool

National Mortgage Professional
Jul 15, 2008

Senate passes final procedural vote needed to send housing bill back to House MortgagePress.comSenate, House of Representatives, HR 3221, housing bill, filibuster The United States Senate has cleared the final procedural hurdle necessary to send HR 3221 back to the House of Representatives. By a vote of 84-12, senators voted to invoke cloture on a portion of the legislation. Cloture is the only procedure that allows the Senate to place a time limit on consideration of legislation, thus avoiding a filibuster. Under Senate Rule XXII, the Senate, with a vote of three-fifths of the body, may limit consideration of a pending matter to 30 additional hours. After final passage in the Senate, HR 3221 will be returned to the House for further consideration. Time is limited as leaders in House and Senate work to finalize details of the plan; both chambers have agreed to a target adjournment date of Sept. 26, 2008, following the state work period set for Aug. 11 through Sept. 5, 2008 and Aug. 9 through Sept.7, 2008 for the House and Senate, respectively. To follow the progress of HR 3221, click here.
Published
Jul 15, 2008
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