H.R. 6395 (112th): Foreclosure Accountability and Transparency Act

Sep 13, 2012 (112th Congress, 2011–2013)
Died (Referred to Committee) in a previous session of Congress

This bill was introduced on September 13, 2012, in a previous session of Congress, but was not enacted.

Sep 13, 2012
Joe Baca
Representative for California's 43rd congressional district
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Last Updated
Sep 13, 2012
10 pages
Full Title

To provide homeowners with additional protections and safeguards against foreclosure, and for other purposes.


No summaries available.


House Financial Services

Financial Institutions and Consumer Credit

Housing and Insurance

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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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

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Library of Congress Summary

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

Foreclosure Accountability and Transparency Act - Prohibits commencement of a foreclosure action with respect to a federally related residential mortgage loan secured by a first or subordinate lien unless the person commencing the foreclosure complies with specified requirements pertaining to borrower:
(1) notification,
(2) assistance obtained from a Department of Housing and Urban Development (HUD)-approved housing counseling agency, and
(3) application for loan modification or commencement of an alternative to foreclosure.
Makes a violation of this Act a bar to a foreclosure action.
Requires the person who commenced a foreclosure action, at the completion of such action, to certify that all federal, state, and local laws and regulations were followed and submit all applicable documentation in connection with such action to: (1) the borrower who was a party to the foreclosure action, (2) the recorder's office in the muncipality where the property securing the loan in connection with the covered residential mortgage is located, and (3) the Secretary of HUD.

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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