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- H.R.5108
H.R.5108: Zombie Property Relief Act of 2016
About This Bill
- Introduced April 28, 2016
- Latest Major Action April 28, 2016
Bill Sponsor
Bill Summary
Zombie Property Relief Act of 2016 This bill authorizes the Consumer Financial Protection Bureau (CFPB) to assess a specified fine against a mortgagee that has failed to maintain residential real property that is subject to a federally-related mortgage in foreclosure (nuisance property) until ownership has been transferred to a new owner and the deed for such property transfer has been recorded. The CFPB shall establish a system for reporting...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| April 28, 2016 |
Referred to the House Committee on Financial Services.
|
| April 28, 2016 |
Introduced in the House by Alan Grayson (D-Fla.) |