WASHINGTON — Efforts to alleviate the troubled mortgage market and head off future problems with the subprime market are keeping the congressional schedule full these days.

The Mortgage Reform and Anti-Predatory Lending Act of 2007 (H.R. 3915) was slated for a full House vote last Thursday after press time. The bill would create a national licensing standard for non-federally regulated lenders and a registry of depository financial institutions that perform mortgage lending. It would also prohibit prepayment penalties and the financing of points and fees, which can be abused. The Federal Credit Union Act prohibits credit unions from charging prepayment penalties.

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