NLIHC Calls on Congress to Support Protecting Tenants at Foreclosure Act Extension

WASHINGTON, D.C. – December 9, 2011 – (RealEstateRama) — The Protecting Tenants at Foreclosure Act (PTFA), passed in 2009 and signed into law by President Obama, guarantees that banks and other new owners of rental housing after foreclosure provide at least 90 days’ notice to renters living in foreclosed homes. Before PTFA was in place, tenants could be evicted from their homes with as little as a few days’ notice when the property was foreclosed.