Systematic Foreclosure Prevention and Mortgage Modification Act

Summary

Systematic Foreclosure Prevention and Mortgage Modification Act - Directs the Chairperson of the Federal Deposit Insurance Corporation (FDIC) to establish a systematic foreclosure prevention and mortgage modification program by: (1) paying mortgage servicers $1,000 to cover expenses for each loan modified according to specified standards; and (2) sharing up to 50% of any losses incurred if a modified loan should subsequently re-default.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 10 December 2008

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 10 December 2008

   Introduced

   Introduced in House

   Source: IntroReferral

3. 10 December 2008

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 10 December 2008 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 10 December 2008

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 10 December 2008

  ViewDownloadOpen at official source

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  Vertaal document

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• Introduced in House

  summary · EN · 10 December 2008

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Waters, Maxine [D-CA-43] · D · Sponsor
• Rep. Velázquez, Nydia M. [D-NY-7] · D · Sponsor
• Rep. Capuano, Michael E. [D-MA-8] · D · Sponsor
• Rep. Maloney, Carolyn B. [D-NY-12] · D · Sponsor
• Rep. Green, Al [D-TX-9] · D · Sponsor
• David Scott · D · Sponsor
• Rep. Cleaver, Emanuel [D-MO-5] · D · Sponsor
• Rep. Watt, Melvin L. [D-NC-12] · D · Sponsor
• Rep. Baca, Joe [D-CA-43] · D · Sponsor
• · hsba00 · Standing

Related records

No cross-record relationships stored yet.