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Reverse Mortgage Stabilization Act of 2013

Public Law 113-29 · H.R. 2167 · 113th Congress · began in the House

Signed by Barack Obama (D) on Aug 9, 2013 · Housing and Community Development

Sponsor: Rep. Denny Heck (D-WA-10)

Cosponsors (1): Rep. Michael Fitzpatrick

Passage votes

  • HouseVoice vote
  • SenateUnanimous consent
Data notes

The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.

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Summary

The Congressional Research Service’s plain-language summary of what the law does.

(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Reverse Mortgage Stabilization Act of 2013 - Amends the National Housing Act, with respect to mortgage insurance for home equity conversion mortgages (reverse mortgages) of elderly homeowners, to authorize the Secretary of Housing and Urban Development (HUD) to establish, by notice or mortgagee letter, any additional or alternative requirements determined necessary to improve the fiscal safety and soundness of the reverse mortgage program.

Declares that such requirements shall take effect upon issuance.

Committees

The committees the bill was sent to, and what each did with it.

Data notes

A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.

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Related bills

The record lists no related bills.

Data notes

Related bills are identified by the Congressional Research Service, the House and the Senate: companion and identical bills, bills with similar text, bills that were folded into this law, and rules that brought it to the floor. A bill that is itself a public law in this site’s data links here; the others link to Congress.gov.

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Timeline

From introduction to signing, newest first: the committees, the floor and the president. 14 actions.

  1. Aug 9, 2013Became lawBecame law · Became Public Law No: 113-29.
  2. Became lawBecame law · Signed by President.
  3. Aug 1, 2013FloorFloor · Presented to President.
  4. Jul 31, 2013FloorFloor · Message on Senate action sent to the House.
  5. Jul 30, 2013FloorFloor · Passed Senate without amendment by Unanimous Consent.
  6. CommitteeCommittee · Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
  7. Jun 13, 2013CommitteeCommittee · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  8. Jun 12, 2013FloorFloor · Motion to reconsider laid on the table Agreed to without objection.
  9. FloorFloor · On motion to suspend the rules and pass the bill Agreed to by voice vote.
  10. FloorFloor · DEBATE - The House proceeded with forty minutes of debate on H.R. 2167.
  11. FloorFloor · Considered under suspension of the rules.
  12. FloorFloor · Mr. Hensarling moved to suspend the rules and pass the bill.
  13. May 23, 2013CommitteeCommittee · Referred to the House Committee on Financial Services.
  14. IntroducedIntroduced · Introduced in House
Data notes

Every action the Library of Congress lists for the bill, from introduction to signing, plus the dated committee hearings. The source lists many steps twice (the chamber’s own entry and the Library of Congress copy, or a presidential and a became-law entry with the same words); those are shown once. Amendments are listed in their own section.

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Amendments

No amendments to this bill are on record.

Data notes

Amendments offered to this bill in either chamber, as the Library of Congress records them: each with a status read from its last recorded step: agreed to, rejected, withdrawn, ruled out of order, fell with another amendment, or offered with no vote recorded (most Senate amendments are only ever offered). The wording of each amendment is the source’s. Amendments to amendments and amendments to other bills are not listed.

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Official record

The bill’s full text is on Congress.gov. Data through Oct 7, 2026.