HR 378
109th Congress
House
Finance and Financial Sector
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Law
Homeowners' Emergency Mortgage Assistance Act
Introduced: January 26, 2005
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 28, 2005
Referred to the Subcommittee on Housing and Community Opportunity.
Jan 26, 2005
Referred to the House Committee on Financial Services.
Jan 26, 2005
Introduced in House
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: (1) homeowner repayment of such assistance and interest; and (2) certain conditions to be met before legal action may be taken against a qualifying homeowner, including providing the homeowner with program notice.
What's happening now
Referred to the Subcommittee on Housing and Community Opportunity.
Committees of jurisdiction
2