S 1553
106th Congress
Senate
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Homeowners' Emergency Mortgage Assistance Act
Introduced: August 5, 1999
Introduced by:
Durbin, Richard J.
Democratic
· Illinois
See on congress.gov
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
Plain-English summary
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.
What's happening now
Read twice and referred to the Committee on Banking.
Committees of jurisdiction
1