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- H.R.1477
H.R.1477: Preserving Homes and Communities Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about housing and community development
- Introduced April 12, 2011
- Latest Major Action May 2, 2011
Bill Sponsor
Bill Cosponsors
51 (All Democrats)
Bill Summary
Preserving Homes and Communities Act of 2011 - Prohibits a covered mortgagee from initiating either a nonjudicial or a judicial foreclosure, otherwise authorized under state law, against a covered mortgagor unless the mortgagee: (1) has used its best efforts to determine whether the mortgagor is eligible for a qualified loan modification, and to offer one if this is the case; and (2) has made certain documentation available to an ineligible...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Financial Services.
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
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April 12, 2011 |
Introduced in the House by Elijah E. Cummings (D-Md.) |