To require the holder of a subordinate lien on the property that secures a federally related mortgage loan, upon a request by the homeowner for a short sale, to make a timely decision whether to allow the sale.
USA115th CongressHR-5237| House
| Updated: 3/9/2018
Jerry McNerney
Democratic Representative
California
Cosponsors (1)
Financial Services Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Fast Help For Homeowners Act This bill requires a subordinate lien holder on a property that secures a federally related mortgage loan to respond within a specified time frame to a request for a short sale of the property.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Finance and Financial Sector
Consumer affairsConsumer creditGovernment lending and loan guaranteesHousing finance and home ownership
To require the holder of a subordinate lien on the property that secures a federally related mortgage loan, upon a request by the homeowner for a short sale, to make a timely decision whether to allow the sale.
USA115th CongressHR-5237| House
| Updated: 3/9/2018
Fast Help For Homeowners Act This bill requires a subordinate lien holder on a property that secures a federally related mortgage loan to respond within a specified time frame to a request for a short sale of the property.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Jerry McNerney
Democratic Representative
California
Cosponsors (1)
Financial Services Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Consumer affairsConsumer creditGovernment lending and loan guaranteesHousing finance and home ownership