Bill116th CongressFiled Jul 25, 2019Housing and Community Development
H.R. 3958
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 house (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
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Waters, Maxine [D-CA-43](D-CA)Sponsor
5 cosponsors5 D
5cosponsors1committees3actions1related bills6subjects
- Introduced in HouseJul 25, 2019
- Jul 25, 2019IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jul 25, 2019IntroReferralIntro-H
Introduced in House
- Jul 25, 2019IntroReferral1000
Introduced in House