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United States · Bill · HR

H.R. 6133 (111th)

Prompt Decision for Qualification of Short Sale Act of 2010

referredUnited States· United States Congress· EN

Introduced

15 September 2010

Last action

Status

Referred to the House Committee on Financial Services.

Sponsors

Subjects

Discovery layer

Source updated

14 August 2025

Summary

Prompt Decision for Qualification of Short Sale Act of 2010 - Amends the Truth in Lending Act to consider approved a mortgagor's written request to a mortgage loan servicer for a short sale of a dwelling or residential real property if the mortgagor has not received, within 45 days after the servicer's receipt of the request, a written notification of whether the request has been approved, specified changes are required, or additional information is required. Declares this Act inapplicable to certain residential mortgages entered into before enactment of this Act which explicitly provide a procedure or terms for a short sale approval.

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Documents

3 official files

Introduced in House (text)

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