H.R.4953 - Mortgage Servicing Conflict Elimination Act of 2010

To amend the Truth in Lending Act to prohibit the servicer of a home mortgage, or any affiliate of the servicer, from holding any other mortgage on the property. view all titles (2)

All Bill Titles

  • Official: To amend the Truth in Lending Act to prohibit the servicer of a home mortgage, or any affiliate of the servicer, from holding any other mortgage on the property. as introduced.
  • Short: Mortgage Servicing Conflict Elimination Act of 2010 as introduced.

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Introduced
 
House
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Senate
Passes
 
President
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03/25/10
 
 
 
 
 
 
 

Official Summary

Mortgage Servicing Conflict Elimination Act of 2010 - Amends the Truth in Lending Act to prohibit the servicer of a residential mortgage loan (or an affiliate) from owning or holding any interest in any other residential mortgage loan secured by the same dwelling or residential real property.




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