The US House of Representatives passed five bills focused on regulatory reform for financial institutions.  The bills passed by the House include:  the Housing Opportunities Made Easier Act (H.R. 2255), which amends the Truth in Lending Act to allow mortgage appraisal services to be donated to organizations eligible to receive tax-deductible contributions; the Federal Savings Association Charter Flexibility Act of 2017 (H.R. 1426), which would give certain federal savings associations the same rights and privileges as national banks supervised by the US Office of the Comptroller of the Currency; the Making Online Banking Initiation Legal and Easy (MOBILE) Act (H.R. 1457), which would permit financial institutions, upon an individual’s request, to use a scan or other copy of an individual’s identification card for identification and antifraud purposes, but also requires that the institution delete the scanned copy after the institution has completed its review; and the Financial Institution Living Will Improvement Act of 2017 (H.R. 4292), which would amend the Dodd-Frank Act to require bank holding companies to submit resolution plans to the US Board of Governors of the Federal Reserve System and the US Federal Deposit Insurance Corporation every two years (as opposed to every year), require that the agencies provide feedback within six months after a submission is received and require increased transparency regarding the assessment framework used to evaluate the resolution plan submissions.

View text of FSAC Flexibility Act of 2017.

View MOBILE Act.

View Housing Opportunities Made Easier Act.

View Financial Institution Living Will Improvement Act of 2017.