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- S.3177
S.3177: SOLD Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about housing and community development
- Introduced May 15, 2012
- Latest Major Action May 15, 2012
Bill Sponsor
Bill Summary
Stopping Ongoing Lender Delays Act or SOLD Act - Amends the Truth in Lending Act to require each servicer of a home mortgage to respond in writing within 30 days to a mortgagor of a residential mortgage loan who hasrequested in writing a short sale of the dwelling or residential real property that is subject to the mortgage, deed of trust, or other security interest securing the mortgage loan. Authorizes an aggrieved individual to bring a...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
|
| May 15, 2012 |
Introduced in the Senate by Dean Heller (R-Nev.) |