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A bill to amend the Investment Advisors Act of 1940, with respect to the exemption to registration requirements for hedge funds.

Amends the Housing and Urban Development Act of 1968 to reauthorize and revise requirements for assistance with respect to housing for low- and moderate-income families.

Amends the Higher Education Act of 1965 to require each lender entering into an educational loan arrangement with a postsecondary school to: (1) report annually to the Secretary of Education specified information concerning such arrangement\; (2) inform borrowers of their loan options under title IV (Student Assistance) before extending private educational loans for attendance at such school\; and (3) be barred by such school from marketing such loans in a manner implying the school's endorsement.

Amends the Higher Education Act of 1965 to require each lender entering into an educational loan arrangement with a postsecondary school to: (1) report annually to the Secretary of Education specified information concerning such arrangement\; (2) inform borrowers of their loan options under title IV (Student Assistance) before extending private educational loans for attendance at such school\; and (3) be barred by such school from marketing such loans in a manner implying the school's endorsement.

To establish on behalf of consumers a fiduciary duty and other standards of care for mortgage brokers and originators, and to establish standards to assess a consumer's ability to repay, and for other purposes.

A bill to amend the Truth in Lending Act to prohibit universal defaults on credit card accounts, and for other purposes.

A bill to stop mortgage transactions which operate to promote fraud, risk, abuse, and under-development, and for other purposes.