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Code · U.S. Code · Title 12 - BANKS AND BANKING · CHAPTER 51— SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING · § 5116

§ 5116. Study and reports on defaults and foreclosures

209 words·~1 min read·/usc/title-12/section-5116

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(a)Study required The Director shall conduct an extensive study of the root causes of default and foreclosure of home loans, using as much empirical data as is available.
(b)Preliminary report to Congress Not later than 6 months after July 30, 2008, the Director shall submit to Congress a preliminary report regarding the study required by this section.
(c)Final report to Congress Not later than 12 months after July 30, 2008, the Director shall submit to Congress a final report regarding the results of the study required by this section, which shall include any recommended legislation relating to the study, and recommendations for best practices and for a process to provide targeted assistance to populations with the highest risk of potential default or foreclosure.
(Pub. L. 110–289, div. A, title V, § 1517, July 30, 2008, 122 Stat. 2824; Pub. L. 111–203, title X, § 1100(3), July 21, 2010, 124 Stat. 2106.)
Connections2 cite this · traces to 1
6 references not yet in our index
  • Pub. L. 110–289, div. A, title V, § 1517
  • 122 Stat. 2824
  • Pub. L. 111–203, title X, § 1100(3)
  • 124 Stat. 2106
  • Pub. L. 111–203
  • section 1100H of Pub. L. 111–203
Citation graph
cites case law
§ 5116
Study and reports on defaults and foreclosures
Stat. Comp.×1
Stat.×1
Pub. L.Pub. L. 110–289, div. A, title V, § 1517
Stat.122 Stat. 2824
Pub. L.Pub. L. 111–203, title X, § 1100(3)
Stat.124 Stat. 2106
Pub. L.Pub. L. 111–203
Cites 7 · showing 6Cited by 2 across 2 sources
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