H.R. 1879 · 114th Congress
Foreclosure Fairness Act of 2015
- Stage
- In committee
- Sponsor
- Michelle Lujan Grisham
- Introduced
- 2015-04-16
- Latest action
- 2015-06-26 · Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Summary
Foreclosure Fairness Act of 2015
Prohibits a court, in the case of any federally related mortgage loan made after enactment of this Act, from entering a deficiency judgment requiring the mortgagor to pay any balance on the mortgage loan after a foreclosure sale of the mortgaged property.