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HR 5601 113th Congress House

Foreclosure Restitution Act of 2014

Official title: To provide amounts from the recent settlement between the Department of Justice and Bank of America for assistance under the Neighborhood Stabilization Program.

Introduced: September 18, 2014 See on congress.gov
Housing and Community Development Bank accounts, deposits, capitalCivil actions and liabilityFinancial services and investmentsHousing and community development funding
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Housing finance and home ownershipHousing supply and affordabilityResidential rehabilitation and home repair
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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
Sep 18, 2014
Referred to the House Committee on Financial Services.
Sep 18, 2014
Introduced in House
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 Latest action September 18, 2014

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Foreclosure Restitution Act of 2014 - Appropriates specified funds from any amounts received by the Treasury as a civil monetary penalty from the recent settlement agreement between the United States, together with specified individual states, and the Bank of America, together with current and former subsidiaries and affiliates, to remain available until expended.

Limits the use of the funds to providing assistance, under the Neighborhood Stabilization Program (NSP), to states and local governments for redevelopment of abandoned and foreclosed homes.

Permits the use of the funds to assist in providing affordable housing or to mitigate indirect costs relating to foreclosures on residential mortgages.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 5601: Foreclosure Restitution Act of 2014. 113th Congress. Open America. https://openamerica.io/bill/113-HR-5601/
MLA
"H.R. 5601: Foreclosure Restitution Act of 2014." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-5601/.
Bluebook (legal)
H.R. 5601, 113th Cong. (2026), https://openamerica.io/bill/113-HR-5601/.
Markdown link
[H.R. 5601: Foreclosure Restitution Act of 2014](https://openamerica.io/bill/113-HR-5601/)
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