Bill116th CongressFiled Jul 25, 2019Housing and Community Development
S. 2279
FHA Foreclosure Prevention Act of 2019
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jul 25, 2019)
FHA Foreclosure Prevention Act of 2019
This bill revises foreclosure-prevention measures for single-family homes insured by the Federal Housing Administration. Specifically, the bill
- requires documentation from mortgage servicers of loss mitigation efforts,
- provides the Department of Housing and Urban Development with oversight responsibilities over mortgage servicers,
- establishes a complaint procedure for borrowers regarding mortgage servicers, and
- requires a mortgage servicer to provide notice to borrowers regarding the loss mitigation process.
What just happenedJul 25, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
Sen. Cortez Masto, Catherine [D-NV](D-NV)Sponsor
2 cosponsors2 D
2cosponsors1committees2actions1related bills5subjects
- Introduced in SenateJul 25, 2019
- Jul 25, 2019IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Jul 25, 2019IntroReferral10000
Introduced in Senate