legislation: 112-hr-3164

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
112-hr-3164 112 hr 3164 Short Sale Transparency Act of 2011 Housing and Community Development 2011-10-12 2011-10-21 Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises. House Rep. Davis, Susan A. [D-CA-53] CA D D000598 12 Short Sale Transparency Act of 2011 - Directs the Director of the Federal Housing Finance Agency to require the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), in any case in which one or the other denies the purchase of a residential mortgage loan made to finance the purchase, under a short sale, of a covered dwelling on the basis that the purchase price involved is insufficient, to disclose promptly to the prospective seller the amount by which the purchase price was less than the minimum purchase price sufficient for approval of the purchase of such mortgage. 2023-01-11T13:22:08Z  

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