An amendment numbered 14 printed in the Congressional Record to add a new section directing the Attorney General to pursue criminal prosecution of those who have failed to comply with State laws relating to foreclosure of mortgages on residential real property.
What it does: Adds SEC. 4. ENFORCEMENT OF FORECLOSURE LAWS at the end of the bill
Rep. Jay Inslee (D-WA)Description
Amendment sought to add a new section directing the Attorney General to pursue criminal prosecution of those who have failed to comply with State laws relating to foreclosure of mortgages on residential real property.
What it changes
1 change to H.R. 830
We couldn't match these changes to the text of H.R. 830, so they're shown as written.
Adds SEC. 4. ENFORCEMENT OF FORECLOSURE LAWS at the end of the bill
Adds a sectionInserted: SEC. 4. ENFORCEMENT OF FORECLOSURE LAWS.
Inserted: The Attorney General of the United States, in consultation and coordination with the Secretary of the Treasury, the Federal Deposit Insurance Corporation, the Director of the Federal Housing Finance Agency, the Secretary of Housing and Urban Development, the Board of Governors of the Federal Reserve System, the Director of the Bureau of Consumer Financial Protection of the Federal Reserve System, any other appropriate Federal banking regulatory agencies, and the Attorneys General of the States, shall pursue, to the fullest extent of the law, criminal prosecution of directors and officers of any financial institutions that the Attorney General, in such consultation and coordination, determines have failed to comply with State laws relating to foreclosure of mortgages on residential real property and shall provide appropriate assistance to such State Attorneys General in such prosecutions.
Original wording
At the end of the bill, add the following new section:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
At the end of the bill, add the following new section:
SEC. 4. ENFORCEMENT OF FORECLOSURE LAWS.
The Attorney General of the United States, in consultation and coordination with the Secretary of the Treasury, the Federal Deposit Insurance Corporation, the Director of the Federal Housing Finance Agency, the Secretary of Housing and Urban Development, the Board of Governors of the Federal Reserve System, the Director of the Bureau of Consumer Financial Protection of the Federal Reserve System, any other appropriate Federal banking regulatory agencies, and the Attorneys General of the States, shall pursue, to the fullest extent of the law, criminal prosecution of directors and officers of any financial institutions that the Attorney General, in such consultation and coordination, determines have failed to comply with State laws relating to foreclosure of mortgages on residential real property and shall provide appropriate assistance to such State Attorneys General in such prosecutions.
Legislative Activity
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House amendment offered
March 10, 2011
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House amendment offered
March 10, 2011
House amendment offered/reported by: Amendment (A008) offered by Mr. Inslee.(consideration: CR H1696; text: CR H1696)
March 10, 2011 • 2:42 PM
Amendment (A008) offered by Mr. Inslee. (consideration: CR H1696; text: CR H1696)
March 10, 2011 • 2:42 PM
Mrs. Biggert raised a point of order against the Inslee amendment (A008). Mrs. Biggert stated that the amendment was not germane and violated clause 7 of rule 16. The Chair sustained the point of order.
March 10, 2011 • 2:45 PM