Zombie Property Relief Act of 2016
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Apr 28, 2016)
Zombie Property Relief Act of 2016
This bill authorizes the Consumer Financial Protection Bureau (CFPB) to assess a specified fine against a mortgagee that has failed to maintain residential real property that is subject to a federally-related mortgage in foreclosure (nuisance property) until ownership has been transferred to a new owner and the deed for such property transfer has been recorded.
The CFPB shall establish a system for reporting the existence of nuisance properties.
What just happenedApr 28, 2016
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseApr 28, 2016
- Apr 28, 2016IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Apr 28, 2016IntroReferralIntro-H
Introduced in House
- Apr 28, 2016IntroReferral1000
Introduced in House