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HR 5396 113th Congress House

Keeping Families Home Act of 2014

Official title: To require servicers to establish a deed-for-lease program under which eligible mortgagors may remain in their homes as renters.

Introduced: August 1, 2014 See on congress.gov
Housing and Community Development Consumer affairsHousing finance and home ownershipReal estate business
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This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) 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 1, 2014
Referred to the House Committee on Financial Services.
Aug 1, 2014
Introduced in House
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 Latest action August 1, 2014

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Keeping Families Home Act of 2014 - Directs each mortgage servicer to establish a deed-for-lease program which shall permit an eligible mortgagor to:

  • enter into a deed in lieu of foreclosure agreement;
  • continue to occupy and lease the property that is the subject of the agreement for one year; and
  • have a right of first refusal to purchase such property after the end of the one-year lease period, if the owner intends to sell the property at that time.

Exempts small servicers from such requirement.

Requires a lease to carry a monthly rent amount equal to the fair market rent for the property, as determined by an independent private appraiser hired by and paid by the servicer.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5396: Keeping Families Home Act of 2014. 113th Congress. Open America. https://openamerica.io/bill/113-HR-5396/
MLA
"H.R. 5396: Keeping Families Home Act of 2014." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-5396/.
Bluebook (legal)
H.R. 5396, 113th Cong. (2026), https://openamerica.io/bill/113-HR-5396/.
Markdown link
[H.R. 5396: Keeping Families Home Act of 2014](https://openamerica.io/bill/113-HR-5396/)
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