H.R. 4596 · 113th Congress
Limiting Investor and Homeowner Loss in Foreclosure Act of 2014
- Stage
- In committee
- Sponsor
- Steve Cohen
- Introduced
- 2014-05-07
- Latest action
- 2014-07-21 · Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Summary
Limiting Investor and Homeowner Loss in Foreclosure Act of 2014 - 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.