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To allow homeowners facing foreclosure to avoid deficiency judgments, and for other purposes.

USA115th CongressHR-3016| House 
| Updated: 6/22/2017
Michelle Lujan Grisham

Michelle Lujan Grisham

Democratic Representative

New Mexico

Administrative State, Regulatory Reform, and Antitrust Subcommittee, Judiciary Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Foreclosure Fairness Act of 2017 This bill prohibits a court, in the case of any federally related mortgage loan, from entering a deficiency judgment requiring the mortgagor to pay any remaining balance on the mortgage loan after a foreclosure sale of the mortgaged property.
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Timeline
Jun 22, 2017
Introduced in House
Jun 22, 2017
Referred to the House Committee on the Judiciary.
Jun 22, 2017
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Jun 22, 2017
Sponsor introductory remarks on measure. (CR H5096)
  • June 22, 2017
    Introduced in House


  • June 22, 2017
    Referred to the House Committee on the Judiciary.


  • June 22, 2017
    Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.


  • June 22, 2017
    Sponsor introductory remarks on measure. (CR H5096)

Housing and Community Development

Civil actions and liabilityGovernment lending and loan guaranteesHousing finance and home ownership

To allow homeowners facing foreclosure to avoid deficiency judgments, and for other purposes.

USA115th CongressHR-3016| House 
| Updated: 6/22/2017
Foreclosure Fairness Act of 2017 This bill prohibits a court, in the case of any federally related mortgage loan, from entering a deficiency judgment requiring the mortgagor to pay any remaining balance on the mortgage loan after a foreclosure sale of the mortgaged property.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 22, 2017
Introduced in House
Jun 22, 2017
Referred to the House Committee on the Judiciary.
Jun 22, 2017
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Jun 22, 2017
Sponsor introductory remarks on measure. (CR H5096)
  • June 22, 2017
    Introduced in House


  • June 22, 2017
    Referred to the House Committee on the Judiciary.


  • June 22, 2017
    Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.


  • June 22, 2017
    Sponsor introductory remarks on measure. (CR H5096)
Michelle Lujan Grisham

Michelle Lujan Grisham

Democratic Representative

New Mexico

Administrative State, Regulatory Reform, and Antitrust Subcommittee, Judiciary Committee

Housing and Community Development

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Civil actions and liabilityGovernment lending and loan guaranteesHousing finance and home ownership