US SB486 | 2011-2012 | 112th Congress
Status
June 8 2011 - Committee on Veterans' Affairs. Hearings held.
Text: Latest bill text (Introduced) [PDF]
Text: Latest bill text (Introduced) [PDF]
Summary
Protecting Servicemembers from Mortgage Abuses Act of 2011 - Amends the Servicemembers Civil Relief Act to extend from 9 months to 24 months after military service the period of protection for a servicemember against mortgage sale or foreclosure, as well as the stay of proceedings, in the case of an obligation on real property of a servicemember that originated before the period of military service. Repeals the sunset date for such periods of relief under the Housing and Economic Recovery Act of 2008. Increases criminal and civil penalties for mortgage abuses, including felonies for unlawful eviction or distress or for unlawful sale, foreclosure, or seizure.
Title
Protecting Servicemembers from Mortgage Abuses Act of 2011
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2011-06-08 | Senate | Committee on Veterans' Affairs. Hearings held. |
| 2011-03-03 | Senate | Read twice and referred to the Committee on Veterans' Affairs. |
Same As/Similar To
HB1566 (Related) 2011-08-25 - Referred to the Subcommittee on Courts, Commercial and Administrative Law.
HB1911 (Related) 2011-07-21 - Forwarded by Subcommittee to Full Committee by Voice Vote .
HB1911 (Related) 2011-07-21 - Forwarded by Subcommittee to Full Committee by Voice Vote .
Subjects
Armed forces and national security
Civil actions and liability
Fraud offenses and financial crimes
Housing finance and home ownership
Veterans' loans, housing, homeless programs
Civil actions and liability
Fraud offenses and financial crimes
Housing finance and home ownership
Veterans' loans, housing, homeless programs
US Congress State Sources
| Type | Source |
|---|---|
| Summary | http://thomas.loc.gov/cgi-bin/bdquery/z?d112:SN00486:@@@L&summ2=m& |
| Text | http://gpo.gov/fdsys/pkg/BILLS-112s486is/pdf/BILLS-112s486is.pdf |
