A bill to provide requirements for the bulk auction or group sale of certain non-performing loans, and for other purposes.
Preserving Homes and Communities Act of 2022
This bill establishes requirements for the sale by the Department of Housing and Urban Development of non-performing single-family residential mortgages that are insured under the National Housing Act.
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S9780-9781)
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