SMALL-DOLLAR MORTGAGE POINTS AND FEES.

SEC. 402. SMALL-DOLLAR MORTGAGE POINTS AND FEES. (a) Small-dollar Mortgage Defined.—In this section, the term “small-dollar mortgage” means a mortgage with an original principal obligation of less than $100,000. (b) Amendments.—Not later than 270 days after the date of enactment of this Act, the Director of the Bureau of Consumer Financial Protection, in consultation with the Secretary of Housing and Urban Development and the Director of the Federal Housing Finance Agency, shall evaluate the impact of the thresholds under section 1026.43 of title 12, Code of Federal Regulations (as in effect on the date of enactment of this Act), on small-dollar mortgage originations.