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H.R. 3016

Foreclosure Fairness Act of 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.

Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Rep. Lujan Grisham, Michelle [D-NM-1](D-NM)Sponsor
1committees5actions3subjects
  1. Committee

    Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

    Administrative State, Regulatory Reform, and Antitrust Subcommittee
  2. IntroReferralH11100

    Referred to the House Committee on the Judiciary.

    Judiciary Committee
  3. IntroReferralB00100

    Sponsor introductory remarks on measure. (CR H5096)

  4. IntroReferralIntro-H

    Introduced in House

  5. IntroReferral1000

    Introduced in House

Foreclosure Fairness Act of 2017 — Informed