Amendment111th Congress
Amendment sought to provide that if a homeowner who has had a mortgage modified in a bankruptcy proceeding sells the home at a profit, the lender can recapture the amount of principal lost in the modification.
- Amendment Number
- 25
- Description
- Amendment sought to provide that if a homeowner who has had a mortgage modified in a bankruptcy proceeding sells the home at a profit, the lender can recapture the amount of principal lost in the modification.
- Purpose
- An amendment numbered 2 printed in House Report 111-21 to provide that if a homeowner who has had a mortgage modified in a bankruptcy proceeding sells the home at a profit, the lender can recapture the amount of principal lost in the modification.
- Congress
- 111
- Type
- HAMDT
- Latest Action Date
- Mar 5, 2009
- Latest Action Text
- On agreeing to the Price (GA) amendment (A002) Failed by recorded vote: 211 - 218 (Roll no. 101).
- Latest Action Time
- 17:31:41
- Submitted Date
- Mar 5, 2009
- Chamber
- House of Representatives
- Update Date
- Dec 5, 2020