Legislators
Bills
Statements
Lobbying
Travel
Searching...- Bills
- H.R.7049
H.R.7049: Mortgage Borrower Protection Act of 2022
About This Bill
- Introduced March 9, 2022
- Latest Major Action March 9, 2022
Bill Sponsor
Bill Version
- Introduced in House - March 9, 2022
Bill Summary
Mortgage Borrower Protection Act of 2022 This bill requires an entity extending a Property Assessed Clean Energy (PACE) financing agreement to receive written consent from each owner of any residential mortgage loan or other recorded lien on the property before extending such financing to the dwelling owner. (PACE financing is used to cover the costs of home improvements such as energy-efficient improvements. The subsequent lien is tied to...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 9, 2022 |
Referred to the House Committee on Financial Services.
|
| March 9, 2022 |
Introduced in the House by Brad Sherman (D-Calif.) |