Mortgage Modification Outreach Act
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S 3589 — Mortgage Modification Outreach Act
Last action — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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Died in session
This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Mortgage Modification Outreach Act - Requires the Comptroller of the Currency to implement a pilot program to determine the feasibility of requiring residential mortgage loan servicers to use their affiliated national bank consumer banking branches to provide certain information to any of the servicer's residential mortgage borrowers applying for a loan modification. Specifies information relating to: (1) all relevant contact information for the borrower's single point of contact in connection with a loan modification application; and (2) the address of a nearby location where the borrower may copy, fax, scan, transmit by overnight delivery, or mail or email documents to the borrower's customer service representative or the borrower's single point of contact at the servicer.
Bill Text
We don't have the full text on file for this bill yet.
Read S 3589 on the official United States source →Action History
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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Sponsor introductory remarks on measure. (CR S6553)
Sponsors
- Jack Reed · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (546)
546 members have not signed on to this bill.
Show all 546 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does S 3589 do?
- Mortgage Modification Outreach Act - Requires the Comptroller of the Currency to implement a pilot program to determine the feasibility of requiring residential mortgage loan servicers to use their affiliated national bank consumer banking branches to provide certain information to any of the servicer's residential mortgage borrowers applying for a loan modification. Specifies information relating to: (1) all relevant contact information for the borrower's single point of contact in connection with a loan modification application; and (2) the address of a nearby location where the borrower may copy, fax, scan, transmit by overnight delivery, or mail or email documents to the borrower's customer service representative or the borrower's single point of contact at the servicer.
- Who sponsors S 3589?
- S 3589 is sponsored by Jack Reed (D).
- What is the current status of S 3589?
- This bill died with 112th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track S 3589?
- Track S 3589 free on One Click Politics — get push/email alerts when it moves.
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