US HB190 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 4 2013 - 25% progression, died in committee
Action: 2013-01-04 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 4 2013 - 25% progression, died in committee
Action: 2013-01-04 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Produce the Note Act of 2013 - Prohibits commencement of any foreclosure in connection with certain residential mortgages unless the person commencing the foreclosure complies with specified prerequisites, including identification of the actual holder of the mortgage note, the originating mortgage lender and all subsequent assignees, and other all parties who have an interest in the real estate subject to the mortgage or in the mortgage or its proceeds. Requires the person commencing the foreclosure to: (1) notify the mortgagor, in writing, not less than five days before any action is taken to commence foreclosure; and (2) certify to the court, in the case of a judicial foreclosure, or to the office of the state to which notice is required under state law, that such notice has been provided.
Title
Produce the Note Act of 2013
Sponsors
Rep. Marcy Kaptur [D-OH] |
History
Date | Chamber | Action |
---|---|---|
2013-01-04 | House | Referred to the House Committee on Financial Services. |
Subjects
Banking and financial institutions regulation
Consumer affairs
Government information and archives
Housing finance and home ownership
Judicial procedure and administration
Consumer affairs
Government information and archives
Housing finance and home ownership
Judicial procedure and administration
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/house-bill/190/all-info |
Text | https://www.congress.gov/113/bills/hr190/BILLS-113hr190ih.pdf |