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H.R.4596: Limiting Investor and Homeowner Loss in Foreclosure Act of 2014

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about finance and financial sector
You can read the bill
Sponsor Steve Cohen, D-Tenn.
Total Cosponsors 1 (All Democrats)
Introduced May 7, 2014
Latest Major Action July 21, 2014
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Bill Progress

  • Bill introduced in the House   
  • Bill passed in the House   
  • Bill passed in the Senate   
  • Bill signed into law

Bill Summary

Limiting Investor and Homeowner Loss in Foreclosure Act of 2014 - 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: Congressional Research Service)

Bill Actions

Date Description
July 21, 2014 Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
May 7, 2014 Referred to the House Committee on the Judiciary.