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]

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.

Tracking Information

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Title

FHA In-Person Servicing Improvement Act of 2015

Sponsors


History

DateChamberAction
2015-01-06HouseReferred to the House Committee on Financial Services.
2015-01-06HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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