US Congress House Bill 5496 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 5-2)
Status: Introduced on September 16 2014 - 25% progression, died in committee
Action: 2014-09-16 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Fast Help For Homeowners Act - Amends the Truth in Lending Act to require the servicer of a federally related mortgage, upon request by the mortgagor for a short sale of the dwelling or residential real property under the mortgage, to notify in writing each holder of a subordinate lien on the property securing the loan of such request, together with a copy of it. Requires a subordinate lien holder that is so notified to respond in writing to the servicer within 45 days after receiving the notification. Considers the request approved by the holder if the holder does not respond within the 45 days.

Fast Help For Homeowners Act

Rep. Jerry McNerney [D-CA]	Rep. Tony Cardenas [D-CA]	Rep. Jim Costa [D-CA]	Rep. Henry Johnson [D-GA]
Rep. George Miller [D-CA]	Rep. Richard Nugent [R-FL]	Rep. Thomas Rooney [R-FL]

Date	Chamber	Action
2014-09-16	House	Referred to the House Committee on Financial Services.

HB839 (Related) 2013-02-26 - Referred to the House Committee on Financial Services.
SB361 (Related) 2013-02-14 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/house-bill/5496/all-info
Text	https://www.congress.gov/113/bills/hr5496/BILLS-113hr5496ih.pdf