Emergency Mortgage Loan Modification Act of 2007
To amend the Truth in Lending Act to remove an impediment to troubled debt restructuring on the part of holders of residential mortgage loans, and for other purposes.
Other Bill Titles (2 more) 11/14/2007--Introduced.
Emergency Mortgage Loan Modification Act of 2007- Amends the Truth in Lending Act to shield holders of residential mortgage loans from liability for entering into a qualified loan modification or workout plan on any residential mortgage loan consummated on or af... moreSee Full Bill Text
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Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by House | ![]() | Voted on by Senate | ![]() | Considered By President | ![]() | Bill Becomes Law |
| November 14, 2007 |
In the News
December 07, 2007 Hope Now for a better plan
The only new legislation is called HR 4178, a bill introduced by a Republican representative that would give safe-harbour protection to loan servicers that ...
December 07, 2007 Bills could provide incentives for rate-freeze plan
At another hearing Thursday, the House Financial Services Committee debated a HR 4178, a bill introduced Nov. 14 by Rep. Mike Castle, R-Del., ...
November 29, 2007 Let's clone leaders who open doors of opportunity
He's introduced HR 4178, the Emergency Mortgage Loan Modification Act, which would, his press secretary said, "create a legal safe-harbor from legal ...
Blog Coverage
April 16, 2008 Emergency Mortgage Loan Modification Act of 2007
HR 4178 IH 110th CONGRESS1st SessionH. R. 4178To amend the Truth in Lending Act to remove an impediment to troubled debt restructuring on the part of holders of residential mortgage loans, and for other purposes. ...
March 12, 2008 Congress to Float Bi-Partisan Bill to Shield Servicers from ...
The text of the new bill has not yet been published online, but HR 5579 is a substitute for HR 4178, which Castle introduced last year. Read the original billâs text by clicking here.
Source: Housing Wire
March 12, 2008 Congress Looks to Shield Servicers from Liability in Loan ...
The text of the new bill has not yet been published online, but HR 5579 is a substitute for HR 4178, which Castle introduced last year. Read the original billâs text by clicking here.
Source: Market Pipeline








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