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• Introduced by Rep. Coleman Young (D) on October 23, 2007, to establish that a foreclosure judgment on a home loan that occurs within 18 months of the first delinquent payment may only order repayment of the amount of missed payments and interest, and not any additional accelerated indebtedness triggered by the delinquency.
  • Referred to the House Banking and Financial Services Committee on October 23, 2007.