Mortgage Servicing Conflict Elimination Act of 2010

Fact Sheet API

Bill Number

HR 4953

Introduced

Mar 25, 2010

Latest Action

Referred to the House Committee on Financial Services.

Sponsor

Cosponsors

Topics

Banking and financial institutions regulation Housing and Community Development Housing finance and home ownership

Full Text

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Votes

Summary

Mortgage Servicing Conflict Elimination Act of 2010 - Amends the Truth in Lending Act to prohibit the servicer of a residential mortgage loan (or an affiliate) from owning or holding any interest in any other residential mortgage loan secured by the same dwelling or residential real property.

Actions

Mar 25, 2010

Referred to the House Committee on Financial Services.
Mar 25, 2010

Introduced in House

Amendments

Related Bills