US Congress House Bill 3958 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on July 25 2019 - 25% progression, died in committee
Action: 2019-07-25 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

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.

FHA Foreclosure Prevention Act of 2019

Rep. Maxine Waters [D-CA]	Rep. Carolyn Maloney [D-NY]	Rep. Lacy Clay [D-MO]	Rep. Rashida Tlaib [D-MI]
Rep. Bill Foster [D-IL]	Rep. Emanuel Cleaver [D-MO]

Date	Chamber	Action
2019-07-25	House	Referred to the House Committee on Financial Services.
2019-07-25	House	Introduced in House

SB2279 (Related) 2019-07-25 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/3958/all-info
Text	https://www.congress.gov/116/bills/hr3958/BILLS-116hr3958ih.pdf