US HB125 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on January 6 2015 - 25% progression, died in committee
Action: 2015-01-06 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 6 2015 - 25% progression, died in committee
Action: 2015-01-06 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
FHA In-Person Servicing Improvement Act of 2015 Directs the Secretary of Housing and Urban Development (HUD) to carry out a pilot program to use authority under the National Housing Act to pay insurance benefits to compensate a mortgagee for any costs of taking loss mitigation actions providing an alternative to foreclosure of a mortgage in default or facing imminent default. Requires the Secretary to make payments to a qualified entity or entities to compensate for their costs of making in-person contact with mortgagors whose payments under covered mortgages are more than 60 days past due.
Title
FHA In-Person Servicing Improvement Act of 2015
Sponsors
Rep. Al Green [D-TX] | Rep. Carolyn Maloney [D-NY] | Rep. Andre Carson [D-IN] | Rep. Gwen Moore [D-WI] |
Rep. Danny Davis [D-IL] | Rep. Brenda Lawrence [D-MI] |
History
Date | Chamber | Action |
---|---|---|
2015-01-06 | House | Referred to the House Committee on Financial Services. |
2015-01-06 | House | Introduced in House |
Subjects
Government lending and loan guarantees
Housing and community development
Housing finance and home ownership
Housing and community development
Housing finance and home ownership
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/house-bill/125/all-info |
Text | https://www.congress.gov/114/bills/hr125/BILLS-114hr125ih.pdf |