H.R. 3455 · 109th Congress
Homeowners' Escrow Payments Assurance Act
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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
AndrewsSponsorNo cosponsors.
Homeowners' Escrow Payments Assurance Act - Amends the Real Estate Settlement Procedures Act of 1974 to make mortgage escrow servicers liable for treble damages in individual borrower or class actions for failure to make timely payments from an escrow account for taxes, insurance premiums, and other charges as they become due.
What it does: CRS summary · Introduced in House · Jul 27, 2005
Earmarks the fines thus collected for assistance to: (1) low-income families for the acquisition of a principal residence; and (2) nonprofit organizations that engage in legal advocacy relating to consumer rights' protection.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Homeowners' Escrow Payments Assurance Act
Latest action (Sep 19, 2005): Referred to the Subcommittee on Housing and Community Opportunity.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jul 27, 2005
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.