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- S.1222
S.1222: Stopping Mortgage Transactions which Operate to Promote Fraud, Risk, Abuse, and Underdevelopment Act
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about law
- Introduced April 25, 2007
- Latest Major Action April 25, 2007
Bill Sponsor
Bill Cosponsor
Bill Summary
Stopping Mortgage Transactions which Operate to Promote Fraud, Risk, Abuse and Underdevelopment Act, or the STOP FRAUD Act - Amends federal criminal law to make it unlawful for any mortgage professional to: (1) defraud any natural person or financial institution regarding an offer of consumer credit secured by an interest either in real property or in personal property used as a principal dwelling; or (2) falsely obtain money or property from...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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| April 25, 2007 |
Introduced in the Senate by Barack Obama (D-Ill.) |