HR 3958
116th Congress
House
Housing and Community Development
Administrative law and regulatory procedures
Civil actions and liability
Congressional oversight
Government studies and investigations
Housing finance and home ownership
Life, casualty, property insurance
FHA Foreclosure Prevention Act of 2019
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 25, 2019
Referred to the House Committee on Financial Services.
Jul 25, 2019
Introduced in House
Plain-English summary
FHA Foreclosure Prevention Act of 2019
This bill revises foreclosure-prevention measures for single-family homes insured by the Federal Housing Administration. Specifically, the bill
- requires documentation from mortgage servicers of loss mitigation efforts,
- provides the Department of Housing and Urban Development with oversight responsibilities over mortgage servicers,
- establishes a complaint procedure for borrowers regarding mortgage servicers, and
- requires a mortgage servicer to provide notice to borrowers regarding the loss mitigation process.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1