US Congress Senate Bill 3589 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on September 20 2012 - 25% progression, died in committee
Action: 2012-09-20 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Mortgage Modification Outreach Act - Requires the Comptroller of the Currency to implement a pilot program to determine the feasibility of requiring residential mortgage loan servicers to use their affiliated national bank consumer banking branches to provide certain information to any of the servicer's residential mortgage borrowers applying for a loan modification. Specifies information relating to: (1) all relevant contact information for the borrower's single point of contact in connection with a loan modification application; and (2) the address of a nearby location where the borrower may copy, fax, scan, transmit by overnight delivery, or mail or email documents to the borrower's customer service representative or the borrower's single point of contact at the servicer.

Mortgage Modification Outreach Act

Sen. Jack Reed [D-RI]

Date	Chamber	Action
2012-09-20	Senate	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2012-09-20	Senate	Sponsor introductory remarks on measure. (CR S6553)

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/senate-bill/3589/all-info
Text	https://www.congress.gov/112/bills/s3589/BILLS-112s3589is.pdf