To require lenders of loans with Federal guarantees or Federal insurance to consent to mandatory mediation.
Foreclosure Mandatory Mediation Act of 2010 - Amends the Helping Families Save Their Homes Act of 2009 to require the mortgagee of certain one- to four-family residences, as a prerequisite to a foreclosure proceeding or a sheriff sale, and at the mortgagee's expense, to conduct a one-time mediation with the affected mortgagor and a housing counseling agency.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in House
Introduced in House
Referred to House Financial Services
Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Veterans' Affairs
Referred to the Subcommittee on Economic Opportunity.
Subcommittee Hearings Held.
Committee Hearings Held.
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