US Congress House Bill 8003 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 16-0)
Status: Introduced on August 11 2020 - 25% progression, died in committee
Action: 2020-08-11 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Expands and extends existing single-family and multifamily mortgage forbearance provisions for borrowers experiencing financial hardships due to the COVID-19 (i.e., coronavirus disease 2019) emergency. Specifically, forbearance may be extended to borrowers for up to 12 months. Currently, borrowers may receive 180 days of forbearance, with an extension of up to an additional 180 days. The bill also expands the forbearance provisions to apply to nonfederally backed mortgages. Mortgage servicers must notify borrowers of the availability of forbearance.

Helping HOMES Act of 2020 Helping Home Owners Maintain Economic Security Act of 2020

Rep. Dwight Evans [D-PA]	Rep. Lacy Clay [D-MO]	Rep. Madeleine Dean [D-PA]	Rep. Andre Carson [D-IN]
Rep. Eleanor Norton [D-DC]	Rep. Jim Cooper [D-TN]	Rep. Barbara Lee [D-CA]	Rep. Susan Wild [D-PA]
Rep. Anthony Brown [D-MD]	Rep. Marcia Fudge [D-OH]	Rep. Tim Ryan [D-OH]	Rep. Jahana Hayes [D-CT]
Rep. Al Lawson [D-FL]	Rep. Judy Chu [D-CA]	Rep. Michael Doyle [D-PA]	Rep. Kweisi Mfume [D-MD]

Date	Chamber	Action
2020-08-11	House	Referred to the House Committee on Financial Services.
2020-08-11	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/8003/all-info
Text	https://www.congress.gov/116/bills/hr8003/BILLS-116hr8003ih.pdf