S 486
112th Congress
Senate
Armed Forces and National Security
Civil actions and liability
Fraud offenses and financial crimes
Housing finance and home ownership
Veterans' loans, housing, homeless programs
Protecting Servicemembers from Mortgage Abuses Act of 2011
Introduced: March 3, 2011
Introduced by:
Whitehouse, Sheldon
Democratic
· Rhode Island
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 8, 2011
Committee on Veterans' Affairs. Hearings held. Hearings printed: S.Hrg. 112-116.
Mar 3, 2011
Read twice and referred to the Committee on Veterans' Affairs.
Mar 3, 2011
Introduced in Senate
Plain-English summary
Protecting Servicemembers from Mortgage Abuses Act of 2011 - Amends the Servicemembers Civil Relief Act to extend from 9 months to 24 months after military service the period of protection for a servicemember against mortgage sale or foreclosure, as well as the stay of proceedings, in the case of an obligation on real property of a servicemember that originated before the period of military service.
Repeals the sunset date for such periods of relief under the Housing and Economic Recovery Act of 2008.
Increases criminal and civil penalties for mortgage abuses, including felonies for unlawful eviction or distress or for unlawful sale, foreclosure, or seizure.
What's happening now
Committee on Veterans' Affairs. Hearings held. Hearings printed: S.Hrg. 112-116.
Committees of jurisdiction
1