To require the holder of a subordinate lien on the property that secures a federally related mortgage loan, upon a request by the homeowner for a short sale, to make a timely decision whether to allow the sale.
Fast Help For Homeowners Act
This bill requires a subordinate lien holder on a property that secures a federally related mortgage loan to respond within a specified time frame to a request for a short sale of the property.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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