Legal Eligibility for Granting A Loan Act of 2011

[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 695 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 695

 To require each applicant for a home mortgage to be insured under the 
 FHA mortgage insurance program of the Department of Housing and Urban 
 Development, held by Fannie Mae or Freddie Mac, or made, insured, or 
guaranteed by the Secretary of Veterans Affairs or any other agency or 
entity of the Federal Government, to provide to the lender information 
  sufficient to perform a verification of the applicant through the E-
                            Verify program.


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                    IN THE HOUSE OF REPRESENTATIVES

                           February 14, 2011

 Mr. Marchant (for himself, Ms. Foxx, Mr. Flores, Mr. Neugebauer, Mrs. 
Lummis, Mr. Posey, Mr. Carter, and Mr. Nugent) introduced the following 
bill; which was referred to the Committee on Financial Services, and in 
  addition to the Committee on Veterans' Affairs, for a period to be 
subsequently determined by the Speaker, in each case for consideration 
  of such provisions as fall within the jurisdiction of the committee 
                               concerned

_______________________________________________________________________

                                 A BILL


 
 To require each applicant for a home mortgage to be insured under the 
 FHA mortgage insurance program of the Department of Housing and Urban 
 Development, held by Fannie Mae or Freddie Mac, or made, insured, or 
guaranteed by the Secretary of Veterans Affairs or any other agency or 
entity of the Federal Government, to provide to the lender information 
  sufficient to perform a verification of the applicant through the E-
                            Verify program.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Legal Eligibility for Granting A 
Loan Act of 2011''.

SEC. 2. REQUIREMENT TO PROVIDE E-VERIFY FORM WITH MORTGAGE APPLICATION.

    (a) Requirement.--Notwithstanding any other provision of law--
            (1) the Secretary of Housing and Urban Development may not 
        newly insure, under the National Housing Act (12 U.S.C. 1701 et 
        seq.) or any other provision of law, any single-family housing 
        mortgage,
            (2) the Federal National Mortgage Association and the 
        Federal Home Loan Mortgage Corporation may not newly purchase 
        any single-family housing mortgage,
            (3) the Secretary of Veterans Affairs may not newly make, 
        guarantee, or insure any single-family housing mortgage, and
            (4) no other agency or entity of the Federal Government may 
        not newly make, guarantee, insure, or otherwise provide 
        assistance for any single-family housing mortgage,
unless, at the time the mortgagor submitted an application for the 
extension of credit under the mortgage to the lender or creditor, the 
applicant also submitted to the lender or creditor information 
sufficient for the lender or creditor to obtain a verification of 
identity and work eligibility of the mortgagor under such mortgage 
through the basic pilot program under section 403(a) of the Illegal 
Immigration Reform and Immigrant Responsibility Act of 1996 (8 U.S.C. 
1324a note; commonly referred to as the E-Verify program).
    (b) Submission of E-Verify Inquiries.--Notwithstanding any other 
provision of law, lenders and creditors for single-family housing 
mortgages may submit inquiries regarding the identities and work 
eligibility of mortgagors under such mortgages through such basic pilot 
program, and may be provided confirmations and nonconfirmations 
pursuant to such inquiries under such basic pilot program.
    (c) Definition of Single-Family Housing Mortgage.--For purposes of 
this paragraph, the term ``single-family housing mortgage'' means a 
mortgage that is secured by a 1- to 4-family residence.
    (d) Applicability.--This section shall apply with respect to any 
single-family housing mortgage for which an application for the 
extension of credit under the mortgage is submitted to a lender or 
creditor after the date of the enactment of this Act.
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