H.R. 3016 · 115th Congress
Foreclosure Fairness Act of 2017
- Stage
- In committee
- Sponsor
- Michelle Lujan Grisham
- Introduced
- 2017-06-22
- Latest action
- 2017-06-22 · Introduced in House
Summary
Foreclosure Fairness Act of 2017
This bill prohibits a court, in the case of any federally related mortgage loan, from entering a deficiency judgment requiring the mortgagor to pay any remaining balance on the mortgage loan after a foreclosure sale of the mortgaged property.