S.73 - Systematic Foreclosure Prevention and Mortgage Modification Act

A bill to establish a systematic mortgage modification program at the Federal Deposit Insurance Corporation, and for other purposes. view all titles (2)

All Bill Titles

  • Official: A bill to establish a systematic mortgage modification program at the Federal Deposit Insurance Corporation, and for other purposes. as introduced.
  • Short: Systematic Foreclosure Prevention and Mortgage Modification Act as introduced.

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Bill's Views

  • Today: 2
  • Past Seven Days: 11
  • All-Time: 2,244
 
Introduced
 
Senate
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House
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President
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01/05/09
 
 
 
 
 
 
 

Official Summary

1/6/2009--Introduced.Systematic Foreclosure Prevention and Mortgage Modification Act - Directs the Chairperson of the Federal Deposit Insurance Corporation (FDIC) to establish a systematic foreclosure prevention and mortgage modification program by: (1) paying mortgage servicers $1,000 to

Official Summary

1/6/2009--Introduced.Systematic Foreclosure Prevention and Mortgage Modification Act - Directs the Chairperson of the Federal Deposit Insurance Corporation (FDIC) to establish a systematic foreclosure prevention and mortgage modification program by:
(1) paying mortgage servicers $1,000 to cover expenses for each loan modified according to specified standards; and
(2) sharing up to 50% of any losses incurred if a modified loan should subsequently re-default.

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Recent Blog Coverage

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12/30/10
It is illegal to mount a gps unit in the automobile windshield ...

Charges under S. 73(1) HTA carry a $ 110 penalty. And, yes, before you write in, I'm aware that police themselves often have equipment (radar, large strobes etc.) mounted on their cruiser dashboard that blocks the driver's clear view of ...

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11/30/10
Spezielle Literatur zur Auswanderung nach Ungarn, in die Batschka ...

1 (A - Po), S. 25-43, 1998. - Ill., Kt. ---- Schmidt, Erich: 16 Kriegsfelder Familien gründen ein Dorf in der Batschka : (Worzsa, Torschau in Süd-Ungarn, heute Jugoslawien) In: Nordpfälzer Geschichtsblätter. - 79 (1999), S. 73-76, 1999 ...

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11/30/10
Spezielle Literatur zur Auswanderung nach Ungarn, in die Batschka ...

1 (A - Po), S. 25-43, 1998. - Ill., Kt. ---- Schmidt, Erich: 16 Kriegsfelder Familien gründen ein Dorf in der Batschka : (Worzsa, Torschau in Süd-Ungarn, heute Jugoslawien) In: Nordpfälzer Geschichtsblätter. - 79 (1999), S. 73-76, 1999 ...

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