Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- S.489
S.489: Preserving Homes and Communities Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about transportation and public works
- Introduced March 3, 2011
- Latest Major Action March 3, 2011
Bill Sponsor
Bill Cosponsors
18 (17 Democrats, 1 Independent Democrat)
Bill Summary
Preserving Homes and Communities Act of 2011 - Prohibits a covered mortgagee from initiating either a nonjudicial or a judicial foreclosure against a covered mortgagor that is otherwise authorized under state law unless the covered mortgagee has: (1) used its best efforts to determine whether the mortgagor is eligible for a qualified loan modification, and to offer one if the mortgagor is eligible; and (2) made available to an ineligible...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Sponsor introductory remarks on measure.
|
|
|
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
|
| March 3, 2011 |
Introduced in the Senate by Jack Reed (D-R.I.) |