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senate Bill S. 2912

Foreclosure Mandatory Mediation Act of 2009

Bill Details

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Foreclosure Mandatory Mediation Act of 2009

Official Title

A bill to require lenders of loans with Federal guarantees or Federal insurance to consent to mandatory mediation.


Foreclosure Mandatory Mediation Act of 2009 - Amends the Helping Families Save Their Homes Act of 2009 to require the mortgagee of certain one- to four-family residences, as a prerequisite to a foreclosure proceeding or a sheriff sale, and at the mortgagee's expense, to conduct a one-time mediation with the affected mortgagor and a housing counseling agency.

bill Progress

  • Not enacted
    The President has not signed this bill
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  • The senate has not voted
      senate Committees
      Committee on Banking, Housing, and Urban Affairs
    IntroducedDecember 18th, 2009

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