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114-hr-5108114th Congress

Zombie Property Relief Act of 2016

Sponsored By: Representative Grayson, Alan [D-FL-9]

Unknown

Summary

Zombie Property Relief Act of 2016 This bill authorizes the Consumer Financial Protection Bureau (CFPB) to assess a specified fine against a mortgagee that has failed to maintain residential real property that is subject to a federally-related mortgage in foreclosure (nuisance property) until ownership has been transferred to a new owner and the deed for such property transfer has been recorded. The CFPB shall establish a system for reporting the existence of nuisance properties.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Grayson, Alan [D-FL-9]

FL • D

Cosponsors

  • JOHN CONYERS

    MI • D

    Sponsored 4/28/2016

  • ELIOT ENGEL

    NY • D

    Sponsored 7/13/2016

Roll Call Votes

No roll call votes available for this bill.

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