US Congress House Bill 1335

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March 21 2013 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Short Sale Transparency Act of 2013 - Directs the Director of the Federal Housing Finance Agency to require the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), in any case in which one or the other denies the purchase of a residential mortgage loan made to finance the purchase, under a short sale, of a covered dwelling on the basis that the purchase price involved is insufficient, to disclose promptly to the prospective seller the amount by which the purchase price was less than the minimum purchase price sufficient for approval of the purchase of such mortgage.

Short Sale Transparency Act of 2013

Rep Davis, Susan A.

Rep Connolly, Gerald E. "Gerry"

Rep Hastings, Alcee L.

Rep Johnson, Henry C. "Hank," Jr.

Date	Chamber	Action
2013-03-21	House	Referred to the House Committee on Financial Services.

Type	Source
Summary	http://thomas.loc.gov/cgi-bin/bdquery/z?d113:HN01335:@@@L&summ2=m&
Text	http://gpo.gov/fdsys/pkg/BILLS-113hr1335ih/pdf/BILLS-113hr1335ih.pdf