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S. 1553 106th Congress Senate

Homeowners' Emergency Mortgage Assistance Act

Official title: A bill establish a program to assist homeowners experiencing unavoidable, temporary difficulty making payments on mortgages insured under the National Housing Act.

Introduced: August 5, 1999 Introduced by: Richard J. Durbin Democratic · Illinois See on congress.gov
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This bill died when the 106th Congress ended
It never became law before the 106th Congress (1999–2000) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 5, 1999
Read twice and referred to the Committee on Banking.
Aug 5, 1999
Introduced in Senate
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 Latest action August 5, 1999

Read twice and referred to the Committee on Banking.

 Plain-English summary Congressional Research Service

Homeowners' Emergency Mortgage Assistance Act - Directs the Secretary of Housing and Urban Development to establish a mortgage emergency assistance program for qualifying homeowners with National Housing Act-insured mortgages who are temporarily unable to meet their obligations due to financial hardship beyond their control. Requires homeowner repayment of such assistance and interest.

 Related & companion bills 1
  • HR 595 Identical bill Homeowners' Emergency Mortgage Assistance Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 1553: Homeowners' Emergency Mortgage Assistance Act. 106th Congress. Open America. https://openamerica.io/bill/106-S-1553/
MLA
"S. 1553: Homeowners' Emergency Mortgage Assistance Act." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-S-1553/.
Bluebook (legal)
S. 1553, 106th Cong. (2026), https://openamerica.io/bill/106-S-1553/.
Markdown link
[S. 1553: Homeowners' Emergency Mortgage Assistance Act](https://openamerica.io/bill/106-S-1553/)
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