H.R. 1123 (111th): Produce the Note Act of 2009

Introduced:
Feb 23, 2009 (111th Congress, 2009–2010)
Status:
Died (Referred to Committee)
Sponsor
Marcy Kaptur
Representative for Ohio's 9th congressional district
Party
Democrat
Text
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Last Updated
Feb 23, 2009
Length
10 pages
Related Bills
H.R. 1618 (112th) was a re-introduction of this bill in a later Congress.

Referred to Committee
Last Action: Apr 15, 2011

 
Status

This bill was introduced on February 23, 2009, in a previous session of Congress, but was not enacted.

Progress
Introduced Feb 23, 2009
Referred to Committee Feb 23, 2009
 
Full Title

To require the filing of certain information regarding a residential mortgage in any proceeding for foreclosure of the mortgage.

Summary

No summaries available.

Cosponsors
1 cosponsors (1D) (show)
Committees

House Financial Services

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


2/23/2009--Introduced.
Produce the Note Act of 2009 - Prohibits commencement of any foreclosure in connection with certain residential mortgages unless the person commencing the foreclosure complies with specified prerequisites, including identification of the actual holder of the mortgage note, the originating mortgage lender and all subsequent assignees, and other all parties who have an interest in the real estate subject to the mortgage or in the mortgage or its proceeds.
Requires the person commencing the foreclosure to: (1) notify the mortgagor, in writing, not less than five days before any action is taken to commence foreclosure; and (2) certify to the court, in the case of a judicial foreclosure, or to the office of the state to which notice is required under state law, that such notice has been provided.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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