S.222: Limiting Investor and Homeowner Loss in Foreclosure Act of 2010

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About This Bill

This bill was introduced in the 112th Congress
This bill is primarily about finance and financial sector
Introduced Jan. 27, 2011
Latest Major Action March 31, 2011

Bill Sponsor

Sheldon Whitehouse (D-R.I.)

Bill Cosponsors

4 (3 Democrats, 1 Independent Democrat)

Bill Summary

Limiting Investor and Homeowner Loss in Foreclosure Act of 2010 [sic] - Authorizes a bankruptcy court to establish a loss mitigation program for the negotiation of consensual alternatives to avoid foreclosure between an individual debtor and the holder of a claim secured by a security interest in the debtor's principal residence.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with S.222.

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Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for S.222.

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Bill Actions

Date	Description
	Read twice and referred to the Committee on the Judiciary.
	Committee on the Judiciary. Ordered to be reported without amendment favorably.
	Committee on the Judiciary. Reported by Senator Leahy without amendment. Without written report.
	Placed on Senate Legislative Calendar under General Orders. Calendar No. 22.
Jan. 27, 2011	Introduced in the Senate by Sheldon Whitehouse (D-R.I.)

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