Senate
May 12, 2011Regulation of Mortgage Servicing Act of 2011
Summary
Official
Regulation of Mortgage Servicing Act of 2011 - Requires a mortgage servicer to assign one case manager to each borrower that seeks a mortgage loan modification or an alternative to foreclosure. Requires the case manager to: (1) manage the communication between the servicer and the borrower, and (2) make decisions about the borrower's eligibility for a loan modification or an...
Bill Progress
Bill has been introduced and assigned a number
Introduced(5/12/11)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
JM
Mr. Merkley
Senate (D) Oregon
Cosponsors (17)
Topics
Latest Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 12, 2011