U.S. Congress - H.R.5500 Foreclosure Credit Forgiveness Act of 2008
H.R.5500 - Foreclosure Credit Forgiveness Act of 2008
To amend the Fair Credit Reporting Act to provide forbearance from foreclosures of subprime mortgages in the determination of a consumer credit score, and for other purposes. view all titles (2)
All Bill Titles
- Short: Foreclosure Credit Forgiveness Act of 2008 as introduced.
- Official: To amend the Fair Credit Reporting Act to provide forbearance from foreclosures of subprime mortgages in the determination of a consumer credit score, and for other purposes. as introduced.
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Official Summary
2/26/2008--Introduced.Foreclosure Credit Forgiveness Act of 2008 - Amends the Fair Credit Reporting Act to prohibit the foreclosure on a subprime mortgage of a consumer from being taken into account by any person preparing or calculating the consumer's credit score. Defines "subpOfficial Summary
2/26/2008--Introduced.Foreclosure Credit Forgiveness Act of 2008 - Amends the Fair Credit Reporting Act to prohibit the foreclosure on a subprime mortgage of a consumer from being taken into account by any person preparing or calculating the consumer's credit score. Defines "subprime mortgage" as any consumer credit transaction secured by the consumer's principal dwelling that meets criteria prescribed by the Board of Governors of the Federal Reserve System.
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Tall Sexy's Journal - Time
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Tall Sexy's Journal - Now you can close your mouth
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