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S. 486 · 112th Congress

Protecting Servicemembers from Mortgage Abuses Act of 2011

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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

Protecting Servicemembers from Mortgage Abuses Act of 2011 - Amends the Servicemembers Civil Relief Act to extend from 9 months to 24 months after military service the period of protection for a servicemember against mortgage sale or foreclosure, as well as the stay of proceedings, in the case of an obligation on real property of a servicemember that…

What it does: CRS summary · Introduced in Senate · Mar 3, 2011

Protecting Servicemembers from Mortgage Abuses Act of 2011 - Amends the Servicemembers Civil Relief Act to extend from 9 months to 24 months after military service the period of protection for a servicemember against mortgage sale or foreclosure, as well as the stay of proceedings, in the case of an obligation on real property of a servicemember that originated before the period of military service.

Repeals the sunset date for such periods of relief under the Housing and Economic Recovery Act of 2008.

Increases criminal and civil penalties for mortgage abuses, including felonies for unlawful eviction or distress or for unlawful sale, foreclosure, or seizure.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Protecting Servicemembers from Mortgage Abuses Act of 2011

Latest action (Jun 8, 2011): Committee on Veterans' Affairs. Hearings held. Hearings printed: S.Hrg. 112-116.

Policy area: Armed Forces and National Security · Origin: Senate · Introduced: Mar 3, 2011

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.