H.R. 2713 · 112th Congress
Limiting Investor and Homeowner Loss in Foreclosure Act of 2011
- Stage
- In committee
- Sponsor
- Steve Cohen
- Introduced
- 2011-07-30
- Latest action
- 2011-08-25 · Referred to the Subcommittee on Courts, Commercial and Administrative Law.
Summary
Limiting Investor and Homeowner Loss in Foreclosure Act of 2011 - Authorizes a bankruptcy court to establish a loss mitigation program for the negotiation of consensual alternatives to avoid foreclosure between an individual debtor and the holder of a claim secured by a security interest in the debtor's principal residence.