To require the lender or servicer of a home mortgage, upon a request by the homeowner for a short sale, to make a prompt decision whether to allow the sale.
The bill’s titles are written by its sponsor.
Sponsor and status
Sponsor. Representative for Florida's 16th congressional district. Republican.
Last Updated: Apr 12, 2011
Length: 5 pages
112th Congress, 2011–2013
This bill was introduced on April 12, 2011, in a previous session of Congress, but was not enacted.
Apr 12, 2011
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
H.R. 1498 (112th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
This bill was introduced in the 112th Congress, which met from Jan 5, 2011 to Jan 3, 2013. Legislation not enacted by the end of a Congress is cleared from the books.
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GovTrack.us. (2019). H.R. 1498 — 112th Congress: Prompt Decision for Qualification of Short Sale Act of 2011. Retrieved from https://www.govtrack.us/congress/bills/112/hr1498
“H.R. 1498 — 112th Congress: Prompt Decision for Qualification of Short Sale Act of 2011.” www.GovTrack.us. 2011. August 25, 2019 <https://www.govtrack.us/congress/bills/112/hr1498>
Prompt Decision for Qualification of Short Sale Act of 2011, H.R. 1498, 112th Cong..
|title=H.R. 1498 (112th)
|accessdate=August 25, 2019
|author=112th Congress (2011)
|date=April 12, 2011
|quote=Prompt Decision for Qualification of Short Sale Act of 2011
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